So why can't wag break 40? Why would an insider sell even one share of wag if it has such a rosy future? Expansion does eat into profits. WAG is not WMT. WAG has serious competion. WMT has almost ZERO. WAG is expanding at shareholder expense. All you do is respond with fing pig, gee how intelligent is that? Also add the ebitda factor and you have a struggling company headed to the lower teens. Once wag in lower teens I will start waving my poms-poms also. But not until then.
>>Why would an insider sell even one share of wag if it has such a rosy future?<<
Diversification, retirement, kids going to college, buying a bigger house, buying a boat, buying a vacation home. Many reasons. If you don't buy stock in any company that has any isider selling, you won't be buying any stock. By the way, have you checked out the fact that Appelbabum sold 1.3 million shares of CVS?
>>Expansion does eat into profits.<<
Not if you do it right. WAG is not like CVS.
>>WAG is not WMT.<<
>>WAG has serious competion. WMT has almost ZERO.<<
WAG's competition is CVS, RAD, Eckards, Albertson. WMT's competition is TGT, COST. I'd be more worried about WMT's competition.
>>WAG is expanding at shareholder expense.<<
That is a completely false and unsupportable statement. Since you are a CVS shareholder, I can see why you might think expansion is bad for shareholders, but WAG is not CVS. WAG is not taking on debt to expand. WAG is not expanding by buying weaker chains. WAG's stores have higher revenues and earnings per store than CVS.
>>All you do is respond with fing pig, gee how intelligent is that?<<
This also is a completely false statement. See my post number 17799.
>>Also add the ebitda factor and you have a struggling company headed to the lower teens.<<
Well, now you can spell it, but I have not seen any evidence you even know what EBITDA is. Why don't you try explaining what, exactly, issue you have with WAG's EBITDA. You have been asked to clarify this several times but you have not done so. It seems you don't even know what you are saying.