Still on vaca and thought I would check. I have one question since I haven't read all the excuses yet. How in hell can they make 13 cents this quarter and lower yearly estimates. What was so special about this Q that they won't get next Q?
Try going back 2 years and you will see where I bought @ $1.55. Oh, and if you had a brain you would see this 5 years plus bull market market is still strong...very strong! It is idiots like you who are missing out.
I doubt they would be so blatant about having inside rinfo. To me it means they like RAD's future
First of all I don't believe it is mere manipulation. Some yes but hardly all. A short can cash in at any time and then reshort. If you shorted this stock with a large position at 8.50 you have made over 2 bucks a share.
One of the most heavily shorted stocks was SIRI when it was selling around a buck. Iwas in it as a long and made lots but the smart shorts also made mo ney. Some of keep asking ACE how his short position is when it was selling low. Well I do n't see Ace as a braniac but he cashed that in a lon g time ago. You can short for any amount of time you wish and then reshort when you think it gets ahead of itself.. Shorting can be risky but it can also be lucrative i9f you know what you are doing.
At this point most on Obamacare are there on Medicaid. I'm not sure if they get discounted prescriptions but doctors visits are much cheaper,, with no co 'pay which is why some docs refuse to see them.
Someone on this board mentioned that RAD should use national tv ads. Well it looks like they are doing that. I'm in the Cincinnati area where I know of no.RAD's in the area just saw an ad o
n ABC news.. Ironically Walgreens and CVS, both plentiful here also had them in the same half hour.. Notsure where the closest RAD is, but the closest I nknow of is 200 miles from tho there are like;ly some closer that I am unaware of
I think you guys are very much ever estimating the effect you guys think it will have on CVS. Now they can stress their health products and clinic benefits which will make up a great deal. of earnings. Cigarettes are a low profit p-roduct to begin with. Also non smokers have become very adamantly against smoking and many will go from other pharmacies to CVS. Besides soon they will all the same policy. I have said this all along.
kOk, the monthly sales have been exceptional and the stock is going nowhere. That tells me my fears about Mckesson could be true. If they are short term won't be good but long, is still good