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Walgreen Co. Message Board

  • eliminate_floor_traders eliminate_floor_traders Apr 11, 2008 10:37 PM Flag

    this crazy stock keeps going down


    well banafana your stock you worship, wag, keeps going down. Just like I said it would. The key indicators keep going down, margins down, SSS growth shrinking, insiders selling, the acquisition is hurting margins, great buy, even with more generics which are higher margin than brand name RX margins down. Free antibiotics and 4 buck scripts from competitors. What does it take before you realize the stock price curve for wag and the billion shares it has outstanding has reached the point like most mature corporations and its flat to negative. WAG now has a billion goodwill on the books looks like we have some debt now. When will the write down of the lower margin acquisition take place and hit earnings. Lets look at it your way what one item can you name that will support a higher stock price. I've named several that will push the price lower. so tell us what financial will push the stock price up.

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