I like the cut of your jib goodie3shoes, and understand why you are miffed with the shares down again today.
However: I do stick by my points.
1) I believe the shares rose through lack of selling, not strong buying, We now have strong selling and the shares are down 5% in a few days.
2) When WBA last bought property the seller took some shares and cash. This time the seller took all cash
3) I may have been a little off in the 70% owned by management statement, I worded it wrong, perhaps 70% are 'sticky' shares would have been better. Besides its just my judgement.
We shall see in good course, but $1.40 seems more realistic to me than $2 in the near - medium term.
I have more theories and $1 target but they are even more outrageously daft so keep them to myself
WBA Price at posting:
$1.51 Sentiment: Sell Disclosure: Held
