Let's see, since the first of the year Walgreens reports record numbers, gets an upgrade, and now is reporting strong sales for the month. Meanwhile, despite recent declines, most of the indexes have been strong. end result, a company that has dropped by around 20 percent since the first of the year. With the company doing so well with this good news, I can only imagine what will happen to this company when summer comes and growth stocks get the hammer. With all the blather about some serious corrections taking place, this stock could be headed on an even faster downward path through most of this year.
All you sycophants who chant about what a screaming buy this company is at its steadily declining prices should start figuring out why this baby is on a long, slow slide.