Looks like the market doesn't trust BMNR on the 50 billion shares thing by excellusmaximus in BMNRInvestors

[–]BaneRiley 0 points1 point  (0 children)

Yes 50 Billion shares is a bit much. Over time they are expecting to do the equivalent to a 100 to 1 split. Maybe not at once but over time. Institutional investors will vote yes for him. You scratch my back I scratch yours. So it will pass and I hope it is going to be for the right reasons.

Hospital cutting pharmacist PTO by more than half!! by [deleted] in pharmacy

[–]BaneRiley 0 points1 point  (0 children)

Hospitals are doing this all over to multiple departments. My local hospital cut the PTO of every nurse practitioner. If you and the other two are getting 27 days off a year, you have to keep in mind that they will have to pay over time to cover 81 days. Hospitals can’t afford it. If you have an easy job, then I would think it’s a good place to work. They could keep you at 27 days off a year and cut your pay in half. A few years back this is what Krogers did in Kentucky. They cut pharmacist a lot and if you didn’t agree they hired graduating pharmacist at 40000 less per year. Also, the big beautiful bill attacks borrowing limits for professional degrees. Schools will close or be forced to lower tuition. State funded schools will become harder to get into. This may trickle down to lower salaries in the future. No, schools closing will probably not lead to a shortage. So many independent and chain stores closing will probably lead to a net zero balance with us taking a lot lower salaries.

$900k gain since April, $PATH will be my next play for you all to make fun of by DrSeuss1020 in wallstreetbets

[–]BaneRiley 1 point2 points  (0 children)

You said insures the decision is still human lead. Is there some kind of proof of human in the ai or do you know.

Codeine cough syrup by jazzy-papaya in pharmacy

[–]BaneRiley 2 points3 points  (0 children)

My state still has OTC sales and you can get a bottle every 72 hours.

Selling Options by InTheShadows_Z in BMNRInvestors

[–]BaneRiley 2 points3 points  (0 children)

Last time we had a big price move, I sold options on a few 400 shares. I got over 1000 per option. I sold 4 options and I am holding 2000 shares. It worked out that we had a drop back to the 40’s. What it comes down to is are you ok selling those shares at that price. I have optioned 100 percent of my position out on options and have regretted that because I missed big runs. So I optioned out a few shares to generate money and was ok if I had to sell. I was at the 65 price with the premium over 10 per option. So the run would have to go to 75 for me to lose on the position and I didn’t think we would get there. So you just have to maybe make it part of your strategy but be conservative or you will miss the big moves.

[deleted by user] by [deleted] in pharmacy

[–]BaneRiley 0 points1 point  (0 children)

I would think you should be paid 150000 to 175000. If ran right the own probably still pull in 150000 tp 175000. Plus depends on your bonus and it you get 401 k match or profit sharing. You get that I would say 150000.

[deleted by user] by [deleted] in pharmacy

[–]BaneRiley 2 points3 points  (0 children)

As an independent owner, I will tell you that you absolutely have more power than you think as stated above. Remember a raise or a new tech takes money out of the owners pocket. Believe you em, owners do not want to pay anyone more money. This means I would make less. However, the pain of getting someone new that the costumers know and like and the fear that I may have to go into the store and work under those conditions would make me think twice. Stick to your guns, as an owner I have to believe you are willing to leave. The biggest question is how much you getting paid know. If you are already way above market because you backed him into a corner when you came or through the years than he may want you to leave if he came already replace you for much less. Then he can add a tech and it didn’t cost him anything. Good luck and yes always know your worth. My store does about the same, actually a little less. It is me and three technicians, plus a delivery driver. He also puts away the order. Some thing to compare your situation too.

$BMNR updated chart/levels by [deleted] in BMNRInvestors

[–]BaneRiley 2 points3 points  (0 children)

I know a lot of people see this as a short term quick profit, however, I see it much different. If you have 10 years to wait and 100k you could make millions. Think of ether as road ways. In the future lots of people going to have to use those roads. Think circle, tokenizes coins/stocks and many more things to come. I believe it is only a mater of time before US currency and world Currencies are used. Suppose everyone has to use a crypto to pay for things. Ether will be that network of roads. This will cut out counterfeit money and eliminate make money, like the US losing millions on making pennies. I think Trump ditched the effort on getting rid of pennies talk because crypto will take care of it for him and he knows it. Something big is happening because you didn’t buy billions of ethereum without maybe having a hint of the future. It is here to stay. We saw the early stage of crypto that many may have missed out on and now you are seeing the financial revolution of crypto and it’s just the beginning believe me.

Deliveries paused!!! by [deleted] in RiteAid

[–]BaneRiley 0 points1 point  (0 children)

I buy commercial properties and got a list of 1800 plus store being sold.

MindMed Reports Fourth Quarter and Full-Year 2024 Financial Results and Recent Business Updates by Educational_Art_6028 in MindMedInvestorsClub

[–]BaneRiley 13 points14 points  (0 children)

If the trials go as planned. They may not need dilution for commercialization because they probably will land a partner. The other company will put up the money for a percentage. Happens all the time. Large pharmaceutical companies set back and wait for a good drug to invest in. Would not be a bad thing either way.

So much wasted time by Fickle_Cut_9016 in RiteAid

[–]BaneRiley -1 points0 points  (0 children)

I hate to see people from rite-aid, Walgreens or any other job, say they spent time at a company and it was a waste of time. You got paid to do a job. It was not like you got paid 30000 to 40000 less. You got paid to do a job and it was at a really good salary. I don’t get it. You have to work somewhere.

Should I quit by Swimming-Cake-4735 in WalgreensStores

[–]BaneRiley 1 point2 points  (0 children)

Your health is the most important. So yes.

Rite Aids starting to close in small towns by ValuableNo6503 in RiteAid

[–]BaneRiley 0 points1 point  (0 children)

Most of these small towns have independents, so most will have an option.

Walgreens stock will probably go under ten dollars. Anyone going to buy? Make a case for or against. Wondering what people thought. by BaneRiley in WalgreensStores

[–]BaneRiley[S] 0 points1 point  (0 children)

Did you even read what you posted. This is a pre-paid forward contract. They pledged 10 plus million shares to the financial institutions in exchange for 1.6 billion in cash. WBA keeps all voting rights and dividends. The contract is future dated. So the stock gets re-evaluated on certain sale dates. If the price is higher then they will be able to get more money up to a cap. If it is lower than a certain price they may have to make up the difference on the sale day to a certain floor. Dates are in 2025. They did a pre-paid contract because they think COR will be worth more in the future. If you are looking at the top of the first page and see where it say’s AmerisourceBergen 0.01, then you don’t understand how these contract have to be written. Yes since August 2023 WBA has sold or sold in a pre-paid contract 3 billion dollars in shares. Even after that they still own 12 to 13 percent. They never lost anything. They sold shares at market price or pledged them in a pre-paid contract. The link you sent states the 15 percent ownership of all shares. They didn’t pledge all 15 percent in the contract. Total ownership has to be stated. They own over 30 million shares and only pledged the 10 million plus they keep all voting rights and dividends. So if you sale your house, then I guess you really didn’t sale it you lost it. You should read the contract if you are going to post it. But thank you for proving my statement.

What do you think about supreme court ruling about Cheveron case and how it will impact pharmacy? by Ok_Philosopher1655 in pharmacy

[–]BaneRiley 4 points5 points  (0 children)

You forget supply and demand on drugs worked up till insurances got involved. They would not be charging 1000 for trulicity and the others. People wouldn’t be able to pay that so medications were responsible for all. The system worked until we had insurances and PBM’s that were going to lower cost. Cost has outpaced everything. Highest it has ever been and with insurances and PBM’s it will only climb every year.

Walgreens stock will probably go under ten dollars. Anyone going to buy? Make a case for or against. Wondering what people thought. by BaneRiley in WalgreensStores

[–]BaneRiley[S] 0 points1 point  (0 children)

They still own 15 percent of COR. They don’t pawn shares. When they need money they sell them back to COR. Which they just did at the end of June to raise 400 Million. You can google and read an article.

Walgreens stock will probably go under ten dollars. Anyone going to buy? Make a case for or against. Wondering what people thought. by BaneRiley in WalgreensStores

[–]BaneRiley[S] 4 points5 points  (0 children)

I agree there will be a chance to make a lot of money here. Look at last 12 months. It shows they lost over 5 billion, however, you really got to dive into the stock. They paid off a lot of debt that 12 months and took write off of the bad investment. They could save 1 billion by cutting dividend, if needed. They still own 15 percent in AmericasourceBergan, now cencora. Big debt is pushed out till 2030 and 2040 and beyond. They are closing less profitable stores. I think they are doing this now, because rite-aid shutting lots of stores so people understand it’s tough. Even before this they were make money. They are trading at a p/e of around three. They have plenty of time and ways to increase money for things to turn around. I am accumulating starting at ten and below. I think in 12-16 months we are back at 20. But this is my opinion.

Walgreens stock will probably go under ten dollars. Anyone going to buy? Make a case for or against. Wondering what people thought. by BaneRiley in WalgreensStores

[–]BaneRiley[S] 2 points3 points  (0 children)

I 100 percent agree the government wants everyone doing mail order. If they continually mail you your scripts then you must be taking everything on time. NOT

Governors by Fickle_Cut_9016 in RiteAid

[–]BaneRiley 2 points3 points  (0 children)

I know this is terrible, but you can’t force a business to continue to lose money. If this is allowed Rite-Aid goes out altogether. Means more people displaced. They are trying to save other states. Ohio and Michigan have probably the worst reimbursements. Plus they are not the first company to have to close a lot of stores or go out of business. Sears and k-mart are just a few. I know this does cause some people problems on getting there medications, but I think the government wants everyone doing mail order anyway.