Oh, shares dilution down to the warrant exercise price of 51? The chart looks really bad and some funds want to get out at all costs. Too many moving parts and I do not see a bottom yet?
I am interested in this stock, any advise on the trade or long term prospect of this co. Is management credible? I appreciate advise from someone who following the stock.
Sentiment: Strong Buy
yeah, they lowered guidance for the full year due to acceleration of generic drug deflation. ABC could benefit in a big way though if FTC give Walgreens green light to acquire Rite-Aid. That would be about 4000 additional stores for ABC to distribute. This is a strong possibility, though a little too speculative for management to discuss at this point.
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