What caused the price of WAG to rise to sharply
in December and fall so quickly in Janaury? Was is
profit taking? Any thoughts?
Also, will a 2:1
split be announce or a 3:1 split be
Tomorrow, 2:00 P.M., Navy pier, Chicago.
ready for great news. If you haven't loaded up on wag
stock, I suggest you do so ASAP, your in for the ride of
your life. Walgreens is about to set records in it's
history! Come aboard and enjoy the ride. 6000 by 2010, no
other drug chain can compare. Top in leaders, top in
tech., don't miss this one!
The reason for the drop was not just due to
Walgreens, it was the whole sector. Shares of CVS, RAD, HZP,
etc also fell during this period. This is the easiest
way to look at it. WAG is such a strong stock that,
people invest in it for a piece of mind, not to mention
sound investment. However, what I have been noticing is
that on Down Dow days, WAG goes up, and on up days,
WAG drops. Alot of this has to do with the internet
stocks. WAG shot up after the tech stocks took a hit
after Thanksgiving, and now what they started to heat
up the last 1-2 weeks, people are getting daring
again, and putting a few $$ into them again. I know
because I was one of them. As you see, they crashed
today, and WAG went up. Don't worry, WAG is here for the
long run and people know that. I still don't mind a
60% return a year after the recent drop.
I certainly am not superstitious about stocks,
not exactly the place for it. And as far as me trying
to "kwell free speech" my post was tongue-in-cheek,
obviously you did not take it that way. And I still
disagree about your take on splits. Yes in the long run a
stock will go up after a split, but take a look at the
weeks just after.
Excuse me Glick but I believe you're the one who
was trying to kwell free speech when you "challenged
everyone not to mention the S word". You have a sophmoric
way of trying to twist what I said into some attack
on you but you don't cut it man.
Never said I was
an expert but having worked as an RPh for WAG 22
years ago and having owned their stock since 1981 I
have seen the trends. Bottom line Glick is that
nomatter what happens at tomorrow's meeting..the stock
will split in the near future and it will run up and
do it again. Sorry if this jinxes you man.
<<<<<<I'll take a clean sell
thru to massive sales via markdowns. I've see drastic
clearance sales due to heavy overstock and it's not pretty.
Well, if anyone is really hot for 50% off X-mas mdse as
well as poinsettias at *full* price (I didn't know
they were a Valentine's flower!) My local RAD in San
Diego has plenty. Yes...it's still on the sales floor.
And you are right...it's not a pretty sight at all.
I believe the history on most stock splits is
that the stock will ride up prior to and just after
the split and will then go down.
But since you
seem to be such an expert I guess my opinion (which is
exactly what I said in my last message) isn't worth your
And regarding your comment about leaving; in case you
haven't realized it this is a public forum and I can say
whatever I want. And since what I have to say to you isn't
very nice I guess I'll wait until you flame me some
more, which seems to be your only contribution to this
Why should you care whether or not anyone opines
whether or when the stock will split. Are you
superstitious? If you don't like it, leave. It doesn't matter
how often the prognoticators on this board mention
the "S" word. The company will do what they will when
they decide. One other thing. When the stock does
split, history and common sense dictates that there will
be a faster upward move than at this level.
What is decent about 50% off? You can't survive
on 0-10% markup! All the clearance does is free up
some of the cash so the company can put the money in
the bank instead of sitting in the stock room as
unsold merchandise with unknown value the next year!
I'll take a clean sell thru to massive sales via
markdowns. I've see drastic clearance sales due to heavy
overstock and it's not pretty. It looks great when you see
all the customers, but you need to look at the
average sale compared to the over flowing shoping carts.
Why do you think Wal-Mart sells out and is not
interested in carrying it to the very end! You have to carry
some over to maximize sales and with Walgreens
technology that is exactly what they are geared to do, min.
carry over with max. sales = greater profits and less
tied up dollars. Put the money in the bank, not the
stockroom. Walgreens has the formula and the people to do
so. Tomorrow starts the new and exciting ride. 6000
by 2010, thats double the stores in 10 years, this
is exciting. Not only are they going to double the
store count but,almost all the new sites are beating
projections in sales and profit. You haven't seen anything
yet! The only hold back will be finding and keeping
the qualified employees to staff the future, but
knowing the company like I do, I know they can handle it.