Walgreens Boots Alliance Inc (WBA)

[big-yank]

Beware the Fiscal Cliff and Walgreens legacy shares! There is a LOT of Walgreens stock held in family trusts and in legacy accounts carried at ridiculously low valuations, IMHO. Shares sold in 2012 will be taxed at 15%. Shares sold in January may be taxed at up to 43%. If the impasse continues, I think we will see a run for the exits of stunning dimensions. This phenomenon is precisely what has driven AAPL shares sharply lower, even before the precipice is imminently visible. The recent S/P run-up actually makes this outcome more likely.

GLTA,

Yank