How do you folks get paid for making up ID's and posting BS forecasts from companies you post about??
Sorry you have no credibility in understanding how stock price forecasts are made!!!
Give us investors a reason on your 75.00 call or go play in the mud..
As this poster wants to correct my posts, This poster failed to mention a 1billion dollar revenue forecasting error that Walgreens BoD and CEO are responsible for.
But they(BoD &CEO) are claiming they where blindsided... well I think they are not doing the jobs they are entrusted & paid for by Walgreens investors...
Time will tell if the Activist investors will price this stock for what they are worth...
What is the topic you are referencing ???
Walgreens going to 70 then to 100.00 or that now Walgreens is a international brand, sorry to inform you... it is not...
Yes its true,Walgreen is down on the corner with 2 key executives holding signs to the passing traffic reading unemployed need help!!!
Soon they will have a 3rd executive joining them. .LOL
Giving this CEO a pedicure or new hairstyle is not going to work on Todays Investors, so move on as the hedge funds have already bought positions that will show this King has no Clothes or financial support.
You can dance around this court of Investors as a jester if you wish, but the pricing trial, will show these earlier earning releases under SEC regulations was a farce.
The CEO will claim that he was Blindsided as it is the claim of another CEO(Wag)... this Walgreens connection is a board position that Hertz CEO is also chairman of there Audit Committee.. who just restated 1 billion of future projected earning is not going to happen.
Sentiment: Strong Sell
Jim Cramer from the street news letter was a former hedge fund manager, perhaps you don't know what hedge funds do to make money.. so here is a primer for your misunderstanding.
"Hedging is actually the practice of attempting to reduce risk, but the goal of most hedge funds is to maximize return on investment. The name is mostly historical, as the first hedge funds tried to hedge against the downside risk of a bear market by shorting the market (mutual funds generally can't enter into short positions as one of their primary goals). Nowadays, hedge funds use dozens of different strategies, so it isn't accurate to say that hedge funds just "hedge risk". In fact, because hedge fund managers make speculative investments, these funds can carry more risk than the overall market."
So taking a position and then betting the stock will go down is what they look at in making money..
Cramer also commented that Walgreens CEO was blinded or blindsided and may soon be out.
LOL and GLta!!!
Hertz CEO Mark Frissora has been called out on a International financial TV channel to leave the Hertz Corporation... and many investors want this CEO out also..
Hedge Funds have now moved into Hertz ownership positions and will take this company to the Watershed as long as he Is in control.
If it was not for the press, Walgreens continues to believe its ok to hold private meeting and not release the meeting transcript to the retail investors.
The Wallstreet Journal today released some of the issues discussed with large Institutional investor over the last few weeks, here is the link to WSJ http://online.wsj.com/articles/walgreen-shakeup-followed-bad-projection-1408494546
Now I'm sure more was discussed than we know, as all meetings have questions and answers leading to strategic solutions being offered..
How about discussing Walgreens current selling price??
A 10 billion dollar loss in selling price is what investors are currently looking at, how about
discussing this overvaluation by the majority of big money investors, was this based on uninformed speculation???
Or why the CFO resigned in the middle of a merger??
These are shake up events, however you are more interested in pumping Walgreens next chapter .
Well the last 4 chapters failed and Walgreens is spinning the same old tail, More cuts, increasing Daily living sales, higher margins, and Divi growth..
Sorry, your dog just cant hunt, and now the Hedge fund managers moved into play the spread .
and should they pull their 5%+ holdings you could be looking at 55.00 a share and a collapse of this merger.
CC43578 is confused and I can understand why. . The Stock market is similar to being a retail merchant.
The market is where you go too buy and sell a limited ownership in a company... otherwise staying at home and hoping you did not buy into Sears, Woolworths, Boarder Book etc., is your other option
CC believes buying and holding is the only way to make money and if that suites CC fine, I prefer to trade the Highs and low's making my money along the way, and using the skills of others investors and analysts.
The Stock Market employees many highly skilled folks and their job is to take money off the equities table in the bid ask spread, based upon a companies revenue/growth outlook model.. Well Walgreens revenue outlook had been rewired downward, and there debt interest payments will increase so the model was not working.. This is why Walgreens lost 10 billion in Value in 1 day.. Walgreens CFO the second most important manager in a company for no announced reason resigned in the middle of a merger.... so more than we the retail investor are being told is in play on Walgreens selling price..
Good luck trading all..
Our friends(cough) on Wallstreet, hedge funds, Investment banks and market makers are chumming the water before selling off again
Watch the Volume with a disproportional price offering, these are the professionals in liar's poker who will build the pot before they sell, shimming money off the bid/offer price.
I doubt they will take this to 63.00 before selling again...
Just remember you are sitting at the equity gambling table , where the real value is what Walgreens bond rating agencies will do with Walgreens credit ratings..
Walgreens business model of convenience has been disassembled and rewired under the current management for over 4 years now and they still have the same executive saying more cuts need to be done.
You do understand that 2015 revenues will be flat to negative based on Walgreens own statements and Walgreens is faced with more pressure from the larger retail players like WMT, Target, and Cost-Co and possibly new players.
If Walgreens can't meet its compounded annual growth rate here in the states, how do you think they will do it, in a gov't controlled Rx market.
Wall-street, banks, investment banks have a huge investments in Walgreens retail model and they led the pricing sell off, so until growth for the ROI is shown... this stock is going to experience a non stable selling price.
Don't expect the SEC to account where HTZ financials are because
The subject report could not be filed without unreasonable effort or expense.
Is Hertz largest holder the Vangard Group running defense for HTZ..
I day trade...so 'what is your problem...you like getting taken to the cleaners by hedge funds and Institutional traders who have access to management??