Replies to post #45938 on Progressive Care Inc (RXMD)

[TheSerb]

They were ranked a buy not only a few days ago...do your DD please!

[StockMedic1]

This is potentially a great company having no business trading at .04 on the OTC. However, management seems a little stuck in old school thinking. The BIG direction right now is in specialty pharmacy, concentrating on controlled substance fulfillment. CVS, Walgreen etc... are buying up as many independent specialty pharmacies they can find, because controlled substance fulfillment is getting highly regulated, and they are losing money complying with fulfillment requirements. With their revenues, they should consider taking one of their locations, stocking it with robotic computerized pharmacy fulfillment machines, and put in BIDS to fill CVS, Rite Aid, etc........ Just my 2 cents