the end of cvs dominance / stock tanked

[sosoo]

---

Members don't see this ad.

revenue increased? yep. profit increased? definitely. stock tanked 12%? oh yea. will it gap down further after tricare dump them? u can bet your candy a-s/s on it.

http://www.benchmarkmonitor.com/201...on-nysecvs-stock-declines-11-88-in-premarket/

 

[BMBiology]

It is time for CVS to increase its dividend. More stock buyback. Do these things by cutting employees' benefits.


Sent from my iPhone using SDN mobile app

 

[pezdispenser]

Seriously, you should start worrying about lay offs as they 'realign staffing with the expected demand' from losing Tricare. Just like when Walgreens lost Express Scripts a few years ago.

 

[Momus]

Hahaha sosoo felling the burn coz he probably still has all cvs stocks for 401k.

 

[maria1oh]

Besides losing tricare:

Prime Therapeutics, a Minnesota company owned by 14 Blue Cross and Blue Shield health plans, and announced a deal that eliminated CVS from its pharmacy network in August.

 

[sosoo]

Hahaha sosoo felling the burn coz he probably still has all cvs stocks for 401k.

it burned pretty bad, but i have 30k left in it. the other 50k is US Bond. now i removed all assets from cvs.

 

[BMBiology]

it burned pretty bad, but i have 30k left in it. the other 50k is US Bond. now i removed all assets from cvs.

Not a good move.


Sent from my iPhone using SDN mobile app

 

[ldiot]

If anything now is the time to be buying CVS... chasing headlines means buying high and selling low.

 

[mentos]

The stock is back up to its Nov 4/7 level before it tanked. Does that mean they are dominating again?