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Walgreen Co. Message Board

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  • cmxgen cmxgen Jan 5, 2012 11:21 PM Flag

    Short Wag

    Steve thanks for the info on KADR.

    Here is what I see from Yahoo Finance.
    Major owners are:
    Charles Goodall and Vicis Capital.
    *****Beware VICIS Capital Hedge fund. Google search them and look at federal indictments...

    makes me suspicious about their numbers.
    1.) Revenue of 100M? from where...
    2.) Look at SG&A..why so high? a company this small should be looking to be thin.
    3.) Negative Income statement
    4.) Debt is 35M+
    Hedge funds that have small companies can really play the numbers, borrow money, and then go under once they have cashed out.

    Crooked game but beware as shareholders always get burnt.