Made 40% on calls, sold all. Tested 81 today and so far holding. Tempted to get back in.i like AMD if it can go above 81 on a closing basis, target $90 if that happens, just my opinion.
i've been checking CVS at this valuation as well. it's a great deal right now and i plan on starting a position soon. my only concern is i have a lot in walgreens so feels like i'll be too heavy in that sector.Going long in CVS starting Monday.
Will be building a position. Plan to hold this baby for 10+ years.
CVS is running this healthcare shyt.
They own PBM(CareMark), Health Plan(Aetna) and Retail Pharmacies.
They make money coming and going.
Their PBM is more profitable than their retail stores. Because PBM can write a blank check and @No1 knows the true underlying costs associated with drugs. It's basically a conflict of interest.
And don't get me started on drug pricing. Even your generic $5 drug prescriptions are overpriced . A lot drugs are literally being acquired for pennies.
New 340B ceiling price and manufacturer CMP rule finally in effect: Implications for providers
The US Department of Health and Human Services’ 340B Drug Pricing Program Ceiling Price and Manufacturer Civil Monetary Penalties Regulation became effective on January 1, 2019. While the rule has major implications for pharmaceutical manufacturers that participate in the 340B program, the...www.dentons.com
3 PBM's control 80% of the market, and look who owns most of it
How CVS evolved from retail pharmacy into health care behemoth
CVS came to dominate the retail pharmacy industry and beyond. Some experts wonder whether retail's reach into health care could go too far.news.yahoo.com
Can you really go wrong in health care breh?i've been checking CVS at this valuation as well. it's a great deal right now and i plan on starting a position soon. my only concern is i have a lot in walgreens so feels like i'll be too heavy in that sector.
i've been checking CVS at this valuation as well. it's a great deal right now and i plan on starting a position soon. my only concern is i have a lot in walgreens so feels like i'll be too heavy in that sector.
Held 81 yesterday. Another 50% on calls todayMade 40% on calls, sold all. Tested 81 today and so far holding. Tempted to get back in.
Hate is a strong word