You seem to have a pretty good feel for this
stock. I have held for 'bout 18 months. I am not so sure
analysts are talking up the stock. The company continues
to crank solid/great numbers, yet everytime they
post what should be good news the stock gets hammered.
They get a modest upgrade and the stock slides. They
just reported (I think?) pretty good sales figures for
the month and they have one of their biggest drops in
a while. I know buy and hold is the way to go, but
this slide is very frustrating. Should Walgreens buy
back a chunk of its shares? That might get some upward
movement going, especially if insiders feel the stock is
undervalued. If they are waiting for people to stop throwing
money at tech stocks it could be a long wait. Do you
think Walgreens could go the way of Coke and Gilette,
which overnight went from big-time growth stocks to big
It's a real head scratcher, that's for
If you noticed today WMT reported same
sales 6.1% they were upgraded and the stock has
up around 2 1/2, WAG has also reported
numbers and is down around 1. I think
WAG is a good
stock don't get me wrong the
problem as I see it is
that WAG PR department
does not promote the stock
or the company or
anything else with the WAG
name in it. If the
company itself would cheerlead
like some of the
people on this board do maybe we
could get a
upgrade or two and get this stock
moving in the
right direciton. I may be off base but
other boards where companies keep
good propaganda and it seems to be
noticed. This company is just frustrates me that we have
all this good news, new stores, no debt,
sales and the public relations dept. sits
hands. I have sent them the same
complaint and they
don't even respond. Generic
news releases month
after month are not going to get much notice.
I'm not sure if any of you know the history of
Walmart. Back in 1995-1997, WMT virtually stagnated in the
20-30 range, just like WAG. WMT was back and forth for
a few years. This is called
Now, since 1997, WMT, which is now at 51, has more
than tripled from it's base of 20-30 that it was at in
1995-97. This is adjusted for the split (pre0split, WMT
would be at 102).
WMT consolidated for 2-3
years, had great management, a visionary strategy, and
the patient investors were rewarded. WAG has the same
characteristics like WMT, and has great demographics to boot.
Just stay long and in the times that WAG goes down to
the low 20's like it is now, buy more.
What a nice post. Some things are doing better,
others not; that's the nature of the beast. A quick
story; When I look out my window I see a COMS facility,
too bad I didn't scoop them up last fall. But do I
kick myself over it? nope.
One thing I do know
is that my automatic quarterly investment in WAG
will happen shortly (money already taken from account)
and with the price beat down I will be getting more
My best wishes to you as well.
I consider you to be one of the classier people
in the chat room and I for one would not consider
you to be a cheerleader---you state facts and live in
the present---others here only talk about past
performance and talk about the future with their hearts and
not their brains...hopefully your other stocks are
perfroming better than WAG....best of health and trading to
you.........oh yeah for the cheerleaders: as I write this we are
trading under $25 today.
Sorry your local WAG is having so much
I agree with what you say about growing pains.
However I think back to many companies that had similar
problems not too long ago such as WMT and HD, and they
came through pretty well. I think WAG will be just
fine (uh oh I guess I am cheerleading now :) ).
I'm a long-term holder and don't moan, kvetch, or
belly-ache...USUALLY. I have seen the latest same-store earnings, but
the impression I get from my neighborhood WAG is
diametrically opposite. My gut feeling is that, if local
observation translates to nat'l outcome, then this company
has some problems.
My local pharmacy has either
lost or short-filled rx the last six  times. Every
time I go there there are new
I think the co. is concentrating on new-store
openings and forgetting about existing locations. There's
plenty of competition out there, including
It is my belief that Wall st has recognized the co.
has growing pains and is having problems retaining
pharmacists, and it's only a matter of time before the numbers
catch up w/ reality.