What is the exchange offer?

The hearing loss lawsuits look very nasty. This is a stock I would flat avoid. Not sure if their bankruptcy strategy will work.

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Hawaii (fuck) You

Walmart got tagged the prior quarter. I am not 100% but I do not think they get a tax benefit right now (except for accounting purposes) until the merchandise is sold. The write downs are merely an accounting adjustment required under lower of cost or market inventory valuation.

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Hawaii (fuck) You

I always wondered about it to. What Walgreens did very well is snap up prime street corners in their markets. With ongoing prescription drug abuse in this country, their pharmacies are driving foot traffic. Those customers end up buying over priced front end merchandise while in the store.

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Hawaii (fuck) You

i worked there in high school, as i remember it they wanted to get out of strip malls and make stand alone stores. Like the one in Oak Lawn on 95th and Cicero used to be in a strip mall on the south side of the street, then they built a massive stand alone across the street
I've always thought it was an odd mix of customers
you have people coming in for a 1-2 things standing in line behind an old lady buying 20 cans of canned salmon and some pantyhose on sale that has coupons for everything

i miss it though. it was a fun job. I'm still friends with many of the people i met there
people hated to make the bales, the crushed carboard
i'd get stoned as hell and stand back there for hours blasting tunes and doing it

what about AXDX

got the rug pulled out this morning but still up 15% this week

I was guessing that Target might be tucking away some overvalued inventory to show the profit for their financiers as needed and then blame the loss on the economy for tax purposes.

But, just a guess. I have no first-hand knowledge.

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You know me like that.

That was mainly because they wanted drive thru pharmacies, right?

I remember that one at 95th and Cicero. RIP Cupid Candies

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the one in Orland shut down too (Cupid )

i think i only went to the Orland one once

i was more a Rainbow cone guy

although their rapid expansion at the moment concerns me

They were buying up property, GC'ing their own stores, and then selling them to other people. I'm sure Deni$ would know the tax reason for that.

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Would you consider employing me as your manservant or butler?

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I have never followed or underwritten the stock. But this falls into the life sciences sector (diagnostics to be exact), and the share trading fits a familiar pattern. As an aside, I underwrite a lot of risks in this sector.

So the entire life sciences sector has been way off its peak, which was driven by Covid and all the hot money flowing into such companies. It has been reported that one third of the space trades below cash value per share.

AXDX has been around a long time, so it is not in the familiar pattern of a recent IPO that was way overpriced and has come down. These guys have a crappy balance sheet financed mainly with convertible debt. They have some other ways they are raising capital, which is necessary because they are blowing through cash to get their product commercialized.

It appears the recent excitement is over their commercialization agreement with Becton Dickinson. Up until now, their revenue growth is way too weak to expect the company to hit operating scale. But they are moving in the right direction. I do not see anywhere that they are giving revenue guidance, so I do not have a clue how fast they expect to ramp up. Analyst estimates for 2023 are not too rosy. But the earnings transcript from 8/15 had a lot of excited analysts on it.

So this is not my type of stock. It is purely speculative. Commercialization roll outs always cost more and take longer than people expect. But it appears the BD agreement is very important. At this size market cap, there is a lot more upside than downside. But you are going to face heavy dilution as they continue to raise capital to operate the company. I would expect a ton of volatility in the shares. If the train leaves the station, you will be happy to own the shares.

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Hawaii (fuck) You

I am a DIY guy. I just steam cleaned my sectional and scrubbed down my master shower. I would not have a butler even if I was a billionaire. I would probably still cut my own lawn.

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Hawaii (fuck) You

Thank you for letting me down gently, Deni$.

I guess it's back to Noisewater's sweatshop for me.

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WHO GAVE YOU ACCESS TO A COMPUTER!!?!!?!?!

I'LL KILL THEM!!

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You know me like that.

This set back a delivery of Johnson's elixir didn't it? Damn supply chain.

More Pledge?! I just bought two cans last week, and I don't have any wood in the house!

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Haven't their front end sales fallen off in most areas?

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Do you see the torment that you have left me to face, Deni$?

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I don't know but I've heard their new game plan is to develop in-house doctors, sort of like Minute Clinics but a little more extensive.

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Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

They seem like they live off of insurance money, so that makes sense. If they can turn a lot of their stores into mini Urgent Care clinics, they might have something, especially in urban areas where there seems to be less competition for that kind of service.

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Their most recent quarter ended May 31, they said U.S. retails sales increased 1.0%. Another company I do mot follow closely. I used to own CVS but not for a long time.

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Hawaii (fuck) You

I was looking at things from a long-term perspective. I think their front end sales aren't what they once were, though I don't follow them as closely as I once did.

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It’s only about 25% of their business now. I think the CVS/Walgreens growth story has played out. That is why they moving deeper into medical areas.

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Hawaii (fuck) You

They are both closing, or have closed hundreds of locations in the last three years.

Rite Aid closed 175 so far this year.

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Walgreens owns Rite Aid.

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No, but They did buy most of their east coast locations though.

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bc of looting ?

Walgreens closed 5 in San Fran late last year because of looting.

Rite Aid has closed some in Manhattan for the same reason. Here is one below.

https://www.youtube.com/watch?v=Sw8_1RW-qws

But all three chains have over built. The drive thru has cost them all money. Mail order scrips has cost them even more.

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Hope you bought puts yesterday. It’s down over 40% today.

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Hawaii (fuck) You