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Re: beerbuoy post# 149556

Wednesday, 09/16/2020 6:25:30 PM

Wednesday, September 16, 2020 6:25:30 PM

Post# of 195207
But with the old strategy growing more brick and motor stores takes lot of capital and more dilution and with overhead of PBM fees eating up the profits it may take a while for hem to reach profitability. New strategy with online business where everyone are in the past 2 decades is a welcome move and indeed a great move. Look at how amazon is replacing/replaced solid brick and motor business and ones survived quickly changed to online model.
Right now pharmacy is moving to telelhealth platform, adapting quickly is the trick to survival and expanding to 50 states and if RX can achieve that, we will be trading much higher and who knows can be bought out for a $1 or $2. Remember last year pill pack was bought for 1B with 100m revenues.
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