Aaron Pring holds an allocation of 9.8% in Walgreens.
He never sells He is holding until Walgreess reaches 70.00 as Share,
And he will not sell then either...
Has Aron Ping he been on CNBS or just the internet?
$ 60..00, next stop
What is the going rate for being a investment board Pumper??
Are you employed by a P/R firm or investment banking P/R unit.. I and others would like to get in on this scam..
I'm sorry If I sound condescending for my views with years of Experience in this sector.
The lack of Value in Walgreens business plan gave little choice to negotiate a long term relationship on pricing with-In a contract... and that was the essence of the Esrx dispute.
You think buying Power is the answer, should that be the case RAD and the independent Pharmacy will soon cease to exist.
Also that goes against the Alliance Boots business model that Walgreens Co has placed a major investment in and the continuation of CAH and McKesson outlook..
As for the buying Managers of a payor.. they have always been there, the US healthcare industry just gave them a name(PBM)..
Would you call the government of England, France, Germany or Italy a PBM??
Perhaps So, Perhaps not
Back to the issue of investing, the #1 choice in Investing... is financial Preformance combined with service Excellence and a Vision
Sushi, Beer and Wine service is not a Vision what for when a person goes into a
Drug store, unless you Drug Store is in a Desert, if it was a visable plan CVS would be moving into that business model..
Which CVS CEO currently dismissed as his way forward, However he did announce a innovative way to lower RX costs to the consumer right in Walgreens Backyard!!
Currently I am not invested in CVS so I hold no alliance to one stop shopping or Convenience BS, What I do look for is Best in Class with a unbiased clear outlook on the futere something that you have not displayed. in you postings.
It sounds like you have an problem with information investors use in making buy or sell decisions with there money.
Public companies such as Wag, CVS and RAD use shareholders money and set a future direction on how best to deploy assets so these Corporations hold and grow there share of the market.
If you had paid attention, Drug reimbursements are projected to go lower from current levels..
To make this Simple for you to understand, Farmers used to plow there fields by hand today they use machines..
Please do Tell us how Flag ship store investments deals with a declining income issue for 65% of revenue,
Incase Walgreens investors have not followed Retail Drug store news , Which I'm sure is the case with this investment board and its topics..
Walgreens largest competitor CVS, has just installed a Rx filling robotic system just 50 miles from Walgreens Corp Head Quarters, than can fill over 50 million prescriptions a year by robots..
There are No legacy cost here to account for!!!
You see folks most Prescriptions drugs now are just a commodity, and example is The generic version of Lipitor.. is now being givin away free by some Grocery Food stores.
Differential In retail drugs is just a buzz word for the smart investors to reseach,, these folks Know.. low cost from a quality controlled manufacture always wins.
Good Luck too you all..
Walgreens resent events have cost Share holders 10 of millions of dollars in stockholders cash earning.
These Cash payments did not go to Shareholders but instead went to to the DOJ, DEA, EPA and several Civil litigation settlements by Wlgreens Managements decisions..
This is of concern to institutional and individual investors for what legacy costs maybe lieing ahead. for this 100 year old company.
The one saving Grace of Wag Co indifferences to Laws and regulations including public safety is its new BoD member who holds a degree in Nuclear engineering,
Interesting that Walgreens Chairman of the Board recently took a seat with HP..!
Stefano Pessina who recently became the largest individual investor in Walgreens and a BoD member has a vision that is not worked around Sushi bars, Nail/ Hair salons or Build it bigger P/R and they will come..
Walgreens Co has made a investment in Europe, and Europe is projected to be flat for growth for the next several Quarters and possible beyond, European.unemployment is high and these governments are experiencing less revenue to support Healthcare services..
Long or short this is a interesting trade!!
High Volume trading in Walgreens stock started around 10:00-11:00 Am
It ended just before todays closing ,
Yet, news of todays Dividend increase was not on the reporting news wires at these times and the news release was announced after the price had already run up in price..
Something smells here, perhaps its just the old Sushi chefs given the investment funds a wink..
The down turn Selling price will be 42.00, Hold onto your stomachs folks this is the Thrill ride from Debt, leverage and continuous decline in Customer traffic..