WAG -- Walgreen Co.

[bahroor]

missed this double-bottom play yesterday... anyone in this?
could be the start of a larger recovery back to the 50s.

http://stockcharts.com/h-sc/ui?s=WAG%20&p=D&b=5&g=0&id=p39571835761

the funny thing about this stock is that it did great when the market was pulling back (summer months) and went south when the market was making new all-time-highs (Sept to now).
:confused: :confused:

[stck8ter]

who wants to be invested in walgreens when the market is hot? Tech, biotech, oil is where money wants to be when there is good activity.

In the slow months, or times when there is uncertainty in the market, they look for safety in the soaps, shampoos, etc. People may drive less and buy less gasoline, but they're not gonna skip their life saving meds.

[bahroor]

I wouldn't invest in walgreen, just trade it.

[clavocat]

fast money mentioned walgreens as "fast money" and a buy

[shogun78]

I jumped all over this stock because I saw the opportunity for some fast money, and I am up 6% gain. $39-$41 is the place to buy, imo.

[shogun78]

I think this stock was unfairly beaten down by the market. I still think this stock is a buy, and will probably reach $50. It's going higher!

[Thierry Martin]

530

[bahroor]

and rising... broke through resistance... closed over 45, next stop.. 50