Yank has been insisting that WAG should match WMT�s $4 scam. We mocked him, insulted him, and laughed at him. We called him idiot, moron, dimwit, jackass, imbecile and I think someone tossed in �subhuman garbage!� Sure, all of the above is still true. But is it possible that he got lucky?
Walgreens has indeed countered WMT�s $4 stunt with its own discount program for cash payers. Details forthcoming (unless someone else already has the early details). Bottom line: it much-ado-about-nothing � simply a battle of PR departments over an ever-diminishing species, the cash-payer.
I imagine that when/if they do say something this stock will see a significant boost in the pps. The retail buying public will latch onto the $4 thing and from there who knows how long it will take to get back to where we were before WMT pulled this garbage.
Prognosis: At these levels it's easy to be bullish on WAG.