The ticker has caught attention--WCRX has confirmed earnings of 3.70/sh
All that is going on is debt reduction today..These are existing shares..Not dilutive new ones.. Stock is worth 40.00--Just let them start consecutive earnings of close to 1.00/sh--As soon as the debt is paid off with the massive free cash flows WCRX is a 75.00 stock.. It will only take about 4 years for them to be debt free.
The problem with the company is that its 93% institutionally owned.for their investment there going to demand another dividend and that will add to the debt.multply the last dividend 8.50 x shares and you see what they browwered.the institutions have placed their board members and directors ,so you will see another late year dividend.goos luck.
The cash flows are huge-- The lowered long term debt schedules, and add the 5 yr payoff on debts and you are looking at near a 20% compound growth for years to come..I'll take that. Then as soon as the debt is paid down The shareholders will get the cash flows as dividends..The story here is good