Walgreens

[MarkD]

Just thought I would toss WBA out there as a buy candidate. It dumped (already had been in a downtrend) on Newsom proposal to run the company out of state over abortion meds. Seems unlikely tbh, and it's near a LT low.

Technically it appears to have more room to go down. Any sperts want to take a shot at the balance sheet?

[SOL]

While it seems like a good play, the list of opportunities is growing so large that we must start dumping some.

I would approach this play in a systematic, almost surgical manner. My approach would be to wait for it to either trade past the support level on a monthly basis or break below it before considering any action. In the latter case, I would start to nibble on the security slowly.

[MarkD]

Agree, I have avoided nibbling. It will provide positive returns once Newsom manifests an attack on a different target. Lots of them will likely appear sooner than later. Quietly, WBA will recover...