% | $
Quotes you view appear here for quick access.

Валгрин Ко. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • chachachia34 chachachia34 Dec 4, 2012 10:01 AM Flag

    Goldman Sachs buys 4,809,100 shares of Walgreen

    The jump in July was due to the ESRX settlement, not OCT. And the street already knew WAG would be light on the revs due to the loss of the ESRX alliance. Thats been know over a year. At any rate, a drop of 18% in a month was just plain absurd. Even YUM, who missed their numbers big and guided down for the entire 2013 did not drop no where near 18%. You dont chop off almost 20% of a company for something that is already known and had been factored in. If WAG had the same PE as CVS, it would be trading closer to $45 now.