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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: MCsweet who wrote (54299)1/17/2015 2:07:20 PM
From: MCsweet  Read Replies (1) | Respond to of 78671
 
ASDS,

Anyone follow me in on this one? I just finished listening to a PR interview with the CFO on iHeart radio.

I bought awhile back and still own a fair sized position (pared down an overweighted position -- am I crazy or what?)

ASDS has had a few pharmacy acquisitions that they say are going well and are supposed to add a ton of revenue. I hope they will contribute to earnings as well. If these acquisitions work out, I don't think a double is out of the question. If not, then I suppose a 50% drop is not out of the question either :) I am also hoping they wouldn't pump the stock with an interview before a bad earnings release just out of common courtesy and legal concerns ;)

High risk/high reward, but I'd be happy with a diversified portfolio of these type investments.

MC