type it inhttps://www.youtube.com/watch?v=EM4vblG6BVQ.
Europe's plan B is now plan A, the contaigin will start in the Balkans from there it will spread thru out Europe..
Odds are not looking good.
Greece maybe leaving the Euro-currency...Contagion is now on the table and Forex trading will give Fxcm Stock holder a big lift up!!!
Sentiment: Strong Buy
Dont take it wrong what I'm saying, Pessina is cleaning house at the old Walgreens , and that is a good thing. Changing Walgreens business model will not be easy..
What I'm concerned about in the whole Pharmacy sector is the Valuation's on these company's projected earnings.. as we are seeing growing consolidations in the Health Insurance Industry, pricing pressure over Drug costs will increase for these pharmacies and the PBM's will become more powerful in setting prices,
so IMO projected earning will miss there marks bringing stock prices down..
I currently am not holding any retail pharmacy stocks and unless WBA blows out its projections I would not buy at these levels..
Good luck to all.
First off, Uncle Carl is hedged to the down side so if the stock goes down his buy in cost for HTZ becomes lower, and most likely Jana is hedged also..
Icahn is a Master at hedging , and by now he now has a clear picture of where Hertz will settle if the Financial are ever released, Between Icahn partners and Jana they could bring this company private and divide up the pieces should the financials prove to be a disaster.
This is a game that only the very wealthy can play, as the own large block of shares.. and could do a buy out if warranted.
I would agree at $16.00 a share and falling, we could see this company go private..
And the US SEC thinks 1 million shares trading in the blink of an Eye and the share price does' not move is OK!!!!
I say Corruption at the highest levels of US Government regulators!!