*Investors Blog*
- Thread starter Warstud
- Start date
I sold STK up bigly.
Sold STNE up large.
Sold half my AMRK. UP quite nicely.
Playing both ways and **** glad not holding any short funds.
Sold STNE up large.
Sold half my AMRK. UP quite nicely.
Playing both ways and **** glad not holding any short funds.
I understand the above but I have been getting information about investing seed money in this company, sounded attractive sort of, never did anything and after checking the "investment round is closed"
This is the Pharmacy not a machine in the pharmacy. Yeah, A long shot maybe but every start up is. I find it antiquated going to a pharmacy like CVS or Walgreens (I recently dumped CVS and switched to Walgreens) I never buy anything in the stores. They still have humans filling prescriptions but I am sure not for long.
Anyway, this was the company and I am sure there will be dozens more over time.
https://www.seedinvest.com/nowrx/series.c/product
Yes they use Parata Solutions Systems https://parata.com/solutions/ which I find more interesting as an investment, a private company and was bought by another private company ... https://www.crunchbase.com/organiza...ent=acquirer&utm_campaign=marketwatch_private
https://mergr.com/tcgrx-acquires-parata-systems
Well anyway, for some reason I thought RXnow owned the Parata systems but they dont, RXnow jsut has some propriety software, not a big deal. I am surprised these companies are all private though. I would be more interested in the tcgrx and parata then RXnow ... maybe...
One thing for sure, we know here in the USA and the world, there will always be a huge demand for prescription drugs, just wonder if and what company will dominate the automation of filling prescriptions because their will come the day that very few pharmacists are needed.
It looks like they are using the Parata system but perhaps a different software ? I don’t know.
Does this bump the pharmacist out of the picture? That would be a big wall to tackle. Pharmacists check for allergies, Med interactions, and appropriate use. Sometimes the drug prescribed is not suitable for a particular patient so communicating back and forth takes time.
On the other hand, software is advancing at a high rate. Most computerized order systems will have a doctor select certain parameters and conditions before being presented with a list of drugs suitable for the patient. Sometimes this becomes complicated if the patient has multiple allergies plus chronic medical conditions.
I suspect but dont know, a pharmacist will always be on staff and required by state law but they would not need the current staffing levels of the typical CVS or Walgreens.
After your post though I would be more interested in the manufacturer of the equipment and as of right now that is a private company.
You would think, HUGE companies like CVS, Walgreens ect would not allow a company like RXnow to take away all their business if they sense them as a threat. So they would either start their own service which would be easy or simply buy the company out if it ever went public. I just dont see the big chains laying down and allowing a start up to steal their business so maybe this isnt as big a deal as I think it could become.
Interesting stuff, something will give sooner or later, since the day of the stand along prescription businesses to the CVS, Walgreens, Walmarts makes me wonder if something else will evolve. I suspect the big guys will simply all have Parata Systems like yours has now and offer free delivery.
The big players from what I know are Cardinal Health and McKesson but their inroads into the prescription pharmacy model are unknown to me. Maybe there is a hole there?
Another point, these machines have to be filled and that requires a double check unless they changed the rules since I left the field. Filling us not a simple task either as lot numbers and expiration dates have to be included. Plus, these machines require daily maintenance such as cleaning. Pill dispensing creates a lot of fine dust that will muck up the operation if not cleaned daily. Our machines had detailed instructions and specific cleaning agents to do the task. We had to sign off that it was done.
Another point, these machines have to be filled and that requires a double check unless they changed the rules since I left the field. Filling us not a simple task either as lot numbers and expiration dates have to be included. Plus, these machines require daily maintenance such as cleaning. Pill dispensing creates a lot of fine dust that will muck up the operation if not cleaned daily. Our machines had detailed instructions and specific cleaning agents to do the task. We had to sign off that it was done.
Don't fight the Fed.
Hopefully you guys got into this rally sometime this week..... I sure did well. Up nicely again today.
I have to travel for work due to business in different cities, I cover a third of the state.
I‘m seeing a lot more ‘Cash 4 Gold‘ sign twirlers in front of pawn shops.
Is this an economic indicator that people are very tight on cash and inflation hurting their wallets….. ?
I‘m seeing a lot more ‘Cash 4 Gold‘ sign twirlers in front of pawn shops.
Is this an economic indicator that people are very tight on cash and inflation hurting their wallets….. ?
Owen Lucas
$100 Site Donor 2023
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I've heard (not from experience of course) it was in some Youtubers finance video, that strippers are noticing a marked decline in income
Anyway, you'll have to REALLY worry when you see cash for plutonium:
Here on BITOG and other websites / YouTube I’ve been mentioning dark “stormy clouds on the horizon” to tell people to get ready for a downturn.
This past Wednesday JPMorgan Chase boss Jamie Dimon urged investors to prepare themselves for turbulence in the market in the weeks ahead and warning that extraordinary financial circumstances were creating a potential “hurricane” for the economy.
Is he stealing my content and warning investors to get out…. ?
My reply # 352 to Cujet.
https://bobistheoilguy.com/forums/t...what-is-your-move.351188/page-18#post-6115692
This past Wednesday JPMorgan Chase boss Jamie Dimon urged investors to prepare themselves for turbulence in the market in the weeks ahead and warning that extraordinary financial circumstances were creating a potential “hurricane” for the economy.
Is he stealing my content and warning investors to get out…. ?
My reply # 352 to Cujet.
https://bobistheoilguy.com/forums/t...what-is-your-move.351188/page-18#post-6115692
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This is true.
Yes. High employment is a key contributor to inflation.
But many here were saying to increase wages to diminish the worker shortage. We can't have higher wages without higher costs.
True. In economics, inflation is a general increase in the prices of goods and services in an economy. Inflation is a naturally occuring situation. The current problem is worldwide hyperinflation. High employment (resulting in higher wages) is generally associeated with "normal" inflation.
Hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This includes products not in short supply; hyperinflation is characterized by "across the board" inflation.
The rapid return to work as worldwide health crisis improved quickly increased demand to an already stressed supply chain.
The demand supply relationship is way out of balance due to the supply chain issues. To restore balance, each step of the supply chain needs to be addressed. How to do that is highly debateable and takes time.
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