ADDING TO OUR LONG TERM SHORT POSITION ON $ESRX (EXPRESS SCRIPTS)
As our readers know, we have a long term short thesis on $PBMs. Our thesis that in the long run $MHS and $ESRX risk disintermediation and more transparency in pricing has strengthened based on earnings this week. We are adding to our long term short position on $ESRX right here at
July 29, 2010