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Walgreen Co. Message Board

  • masterwallstreet masterwallstreet May 6, 2013 12:41 PM Flag

    You might want to read the comments on the Motley Fool article about Rite Aid

    In my opinion only, in these troubled times when the market conditions are uncertain. New 52 week highs are bringing a reversal. If you had bought 10,000 shares of Walgreens at a 52 week high, it was $50.35 you would have lost over $24,000 right now. What is the possibility of Walgreens hitting newer highs and doubling or tripling. If you would have bought Rite Aid at a 52 week high 2.68 you would have lost a measly $800. Ask yourself three questions: Which stock would you rather own now? Could this stock double or triple? Could this stock break new 52 week highs?

    Sentiment: Strong Sell

 
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