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Professional Development: Rite Aid Files for Bankruptcy: Top Pharma Companies to Consider Investing In · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
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  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
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  Speaker 1: filming and selling child pornography in Michigan. These are just
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  Speaker 1: some of the heinous migrant criminals caught because of President
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  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
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  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
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  Speaker 1: crossings are at the lowest levels ever recorded, and over
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  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
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  Speaker 1: are here illegally, your next you will be fined nearly
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  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
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  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: Right eight is preparing for Chapter eleven bankruptcy. Should this
• 1:04
  Speaker 3: be of concern and how can we profit from it?
• 1:11
  Speaker 4: It's a sector that I'm really not favorable about it all,
• 1:14
  Speaker 4: and it's like the fast pharmacy model. So Walgreens CEO
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  Speaker 4: step down right eight is not going through a bankruptcy issue.
• 1:24
  Speaker 4: CVS is like floundering. It's okay. Number one, I would
• 1:27
  Speaker 4: stay away from the sector all together. Like, if you
• 1:29
  Speaker 4: are going to invest in healthcare space, you have to
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  Speaker 4: swim upstream to big pharma or.
• 1:36
  Speaker 2: Big healthcare companies.
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  Speaker 4: And if you're going to be invested in a Walgreens
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  Speaker 4: Boots Alliance or a right aid, like you're better off
• 1:45
  Speaker 4: picking a pure real estate play because it's really a hybrid,
• 1:49
  Speaker 4: and a hybrid that has not dominated. I would, and
• 1:52
  Speaker 4: I very really say this, like this is a sector
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  Speaker 4: I would stay away from all together, like CBS, Walgreens,
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  Speaker 4: any mixed medicine, mixed use, retail pharmacy space. The margins
• 2:05
  Speaker 4: are not great. It's too much competition. There's not enough
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  Speaker 4: loyalty amongst like I mean even Kroger. Like, once you
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  Speaker 4: start to get into that space, you're now competing against Walmart, Kroger,
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  Speaker 4: even Target they've had some issues, but you're competing against
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  Speaker 4: the big boys who have way more space, way more
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  Speaker 4: reached than you outpert. Since there's a competition now, there
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  Speaker 4: isn't much creative as there, so I would stay away
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  Speaker 4: all together and then just go upstream.
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  Speaker 5: I put CBS is one of my sleepers. I think
• 2:35
  Speaker 5: we did that at the one of the shows, to
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  Speaker 5: put it as one of my sleepers. But I think
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  Speaker 5: we'd be remiss if we didn't say why. Right eight
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  Speaker 5: it's filing for chapter eleven because that that's the biggest
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  Speaker 5: part of this thing, is the why. And they're preparing
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  Speaker 5: it because they've been federal lawsuits right for their role
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  Speaker 5: in the sale of opiates. And so this has happened
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  Speaker 5: over the past couple of year. In fact, in twenty eighteen,
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  Speaker 5: Walgreens was in talks to acquire Right Aid I didn't
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  Speaker 5: pan out, and now we see what happened with the
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  Speaker 5: lawsuit with the I think they owe three point three
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  Speaker 5: billion dollars in debt from legal, yeah, from legal allegations
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  Speaker 5: that they oversupplied prescription painkillers, and so they lost that suit.
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  Speaker 5: So you're talking about over I think there's over a
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  Speaker 5: thousand a thousand plaintiffs in the lawsuit. Three point three billion.
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  Speaker 5: I mean, that's a a healty, healthy amount of money
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  Speaker 5: to be paid, especially from the business model that they have,
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  Speaker 5: and so that's why they're filing for bankruptcy. But then
• 3:35
  Speaker 5: I started thinking, how can we invest in it? Not
• 3:38
  Speaker 5: right itself, but maybe it is inside that mergers and
• 3:41
  Speaker 5: acquisitions Walgreens didn't work. Maybe they'll revisit it now that
• 3:44
  Speaker 5: they're one of their competitors. Is now at a point
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  Speaker 5: where it could be something that they could acquire or
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  Speaker 5: is it a CDs that comes in or is it
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  Speaker 5: an Amazon and says.
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  Speaker 4: All right, well, that would be great.
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  Speaker 5: Something that we can add as we go into this
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  Speaker 5: healthcare space as well. And so the important piece is
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  Speaker 5: like why they're filing, but then also from an emergenc
• 4:04
  Speaker 5: and acquisitions, which companies are in place. That's why I
• 4:06
  Speaker 5: always talk about cash flow. It's like, who can now
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  Speaker 5: say that was somebody that had a long standing enterprise
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  Speaker 5: in the space that is now floundered. Can we acquit
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  Speaker 5: added to our portfolio and make this a better rebranding situation.
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  Speaker 5: So I think from an investment point, I think that's
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  Speaker 5: we should be looking at companies that can do that
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  Speaker 5: inside of the healthcare space. But the why is important.
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  Speaker 2: Yeah, I agree, And if.
• 4:30
  Speaker 4: They got sued for the opioid crisis, at what point
• 4:33
  Speaker 4: where the music industry be held Libel. I don't know
• 4:36
  Speaker 4: if it's come out publicly yet, but there's been a
• 4:38
  Speaker 4: couple of rumors that the Sackler family, who is.
• 4:42
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  Speaker 5: This episode is brought to you by P and C Bank.
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• 6:33
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 6:36
  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
• 6:40
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 6:45
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 6:49
  Speaker 1: some of the heinous migrant criminals caught because of President
• 6:52
  Speaker 1: Donald J. Trump's leadership. I'm christin nom the United States
• 6:56
  Speaker 1: Secretary of Homeland Security. Under President Trump, a tempted illegal
• 7:00
  Speaker 1: border crossings are at the lowest levels ever recorded, and
• 7:04
  Speaker 1: over one hundred thousand illegal aliens have been arrested. If
• 7:08
  Speaker 1: you were here illegally, your next you will be fine
• 7:11
  Speaker 1: nearly one thousand dollars a day. Imprisoned and deported, you
• 7:15
  Speaker 1: will never return. But if you register using our CBP
• 7:19
  Speaker 1: home app and leave now, you could be allowed to
• 7:22
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump,
• 7:27
  Speaker 1: America's laws border and families will be protected.
• 7:31
  Speaker 2: Sponsored by the United States Department of Homeland Security, tied
• 7:34
  Speaker 2: to Purdue Pharma, who caused the crisis at one point
• 7:37
  Speaker 2: was paying for promotion through artists to get the word
• 7:42
  Speaker 2: out at one point.
• 7:44
  Speaker 4: What do we think the music industry would have to
• 7:46
  Speaker 4: be responsible? I mean, we'll have to tackle it today.
• 7:49
  Speaker 4: But I do think once we talk about this opioid
• 7:51
  Speaker 4: crisis and a pipeline, I never even thought I would
• 7:54
  Speaker 4: hear prescription.
• 7:56
  Speaker 2: Being mentioned in rap songs being be played on the radio.
• 8:00
  Speaker 4: Yeah, like Big and of course like Biden is starting
• 8:03
  Speaker 4: to attack Big Pharma. I don't know if that's the
• 8:06
  Speaker 4: best thing to do in terms of an election because
• 8:08
  Speaker 4: pharmaceutical industry has a lot of power. But if we
• 8:10
  Speaker 4: are going to attack these companies and sue them, I
• 8:13
  Speaker 4: think we have to attack the entire pipeline or supply chain.
• 8:16
  Speaker 5: Yeah, Purdue Pharma went under their lossuit was I think
• 8:19
  Speaker 5: they lost? It was six point six billion.
• 8:22
  Speaker 4: Yeah, I mean, but I think they made sixteen.
• 8:24
  Speaker 5: So yeah, right, right, so they went under write eight
• 8:28
  Speaker 5: is on his way. Yeah, So it's an interesting time
• 8:32
  Speaker 5: to watch this play out. But I think you bring
• 8:34
  Speaker 5: up a good point about what role did does music
• 8:38
  Speaker 5: play in that? Or not the music but the actual
• 8:41
  Speaker 5: labels themselves.
• 8:42
  Speaker 6: Yeah, it's interesting, but.
• 8:43
  Speaker 4: Like for a year, I mean, I know it's a
• 8:45
  Speaker 4: thing in Houston, but then like it went worldwide, like
• 8:49
  Speaker 4: the use of Lane and like that guy went to jail,
• 8:53
  Speaker 4: but the fine was minimal. Like of course they took
• 8:56
  Speaker 4: it off the market, but if you're you're paying artists
• 8:59
  Speaker 4: or there's inducement to advertise it at some point, even
• 9:02
  Speaker 4: like the FTC and like why are you letting drugs
• 9:06
  Speaker 4: being marketed through music? But that goes back to the
• 9:10
  Speaker 4: relationship with the pharmaceutical company and how much they run advertising.
• 9:13
  Speaker 4: So true shots, you can stop me if I'm getting
• 9:16
  Speaker 4: too crazy. I'm trying to keep.
• 9:19
  Speaker 5: You watch TV. You watch as you watch you know,
• 9:22
  Speaker 5: CBS or NBC or ABC during the daytime programming. Look
• 9:27
  Speaker 5: how the healthcare commercials are on your screen on a
• 9:31
  Speaker 5: daily basis. Obviously the money is being spent. I mean
• 9:34
  Speaker 5: it's by far the most.
• 9:37
  Speaker 4: Even went to the Grammys. I'm like, that was a
• 9:38
  Speaker 4: Fighter Awards, right, They they ran all the awards like
• 9:44
  Speaker 4: it's it's you know, seeing in And that's a whole
• 9:47
  Speaker 4: other topic for another day. With shout out to Eli Lilly,
• 9:50
  Speaker 4: I appreciate you guys.
• 9:51
  Speaker 2: I want to smoke throw my cape real quick.
• 9:54
  Speaker 4: I would be honest with my caper.
• 9:56
  Speaker 5: Hey, hello to the good folks.
• 9:57
  Speaker 2: A striker.
• 9:59
  Speaker 5: Yes, America absolutely, Dermo fisheries in America.
• 10:04
  Speaker 3: Healthcare. Healthcare is the biggest business in America by far.
• 10:10
  Speaker 4: I mean, we're gonna be honest that that poison index
• 10:12
  Speaker 4: of the food, pharma, alcohol, drugs, that's sixty percent of
• 10:19
  Speaker 4: all United States legal commerce. The food will make you sick,
• 10:24
  Speaker 4: then you have a pill to fix it. And then
• 10:25
  Speaker 4: when you come off the pill to cope, let's sell
• 10:29
  Speaker 4: you some Budweiser and Duce and shot to du say
• 10:32
  Speaker 4: I love y'all and every other kind of cognac. So,
• 10:37
  Speaker 4: but the poison index is one of the most profitable food, pharma,
• 10:40
  Speaker 4: and alcohol. For those who say, I don't give you
• 10:43
  Speaker 4: all a new tips, don't get choked out. We can
• 10:44
  Speaker 4: cut it out.
• 10:46
  Speaker 6: Not just gotcha, gotcha old by black man, drugs, drugs
• 10:58
  Speaker 6: move the needle.
• 11:00
  Speaker 3: They are moving a needle.
• 11:02
  Speaker 2: I'll sing with you. Do you rappings you on a
• 11:04
  Speaker 2: love album?
• 11:05
  Speaker 3: What's up a love album?
• 11:07
  Speaker 6: Love?
• 11:07
  Speaker 3: Love check the featuregra oh Man.
• 11:14
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 11:18
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 11:22
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 11:26
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 11:30
  Speaker 1: some of the heinous migrant criminals caught because of President
• 11:34
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 11:37
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 11:42
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 11:46
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 11:49
  Speaker 1: are here illegally, your next you will be fine. Nearly
• 11:53
  Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
• 11:57
  Speaker 1: never return. But if you register you using our CBP
• 12:01
  Speaker 1: home app and leave now, you could be allowed to
• 12:03
  Speaker 1: return legally. Do what's right. Leave now. Under President Trump
• 12:08
  Speaker 1: America's laws, border and families will be protected.
• 12:12
  Speaker 2: Sponsored by the United States Department of Homeland Security,