10-28-2016, 09:06 AM
(10-28-2016, 09:05 AM)EricL Wrote:(10-28-2016, 08:46 AM)Caversham Wrote: My watchlist is lit up green today. CAH, ABC, MCK, ABBV, AMGN down 10%+. I haven't had time to investigate why. Anyone know what's up?
EDIT: Looks like they are already recovering some.
MCK had a poor earnings report and guidance and there was a short seller raising questions about PBM price gouging. All of the pharma distribution/benefit managers are down big.
Looks like I'm rolling the dice on this one.
Who's in there with me? Bough CAH.
I figure with 30+ years investment horizon - it's a risk worth taking.