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WAGGING THE INVESTOR'S TAIL

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Tom Lloyd
Tom Lloyd

The author discovered that their vet charged $70 for a 50-pill prescription of Tramadol for their dog, while the same prescription could be purchased online from Petmeds Express for $24, a 600% markup. Research on Petmeds Express found it to be a profitable company with room for growth and paying a 5.3% dividend yield. The author believes more pet owners will start buying medications online to save money, and wants to invest in Petmeds Express to profit from this trend.

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WAGGING THE INVESTOR’S TAIL ? This isn't personal. It's strictly business. This is about veterinaries, your pet’s medications and how to fetch a tidy profit bypassing your vet and betting on online pet pharmacies. I’m willing to go the mattresses on this one because my local vet just charged me $70 to re-fill a 50-pill Tramadol prescription for my dog. Like most pet owners, I didn’t think twice about paying the fee. I just grabbed the pills and headed home. It wasn’t until the next day that I started digging around and began to snarl and growl a little! A quick Google search led me to Petmeds Express where 100 pills of the exact same dosage could have been had for $24. My own vet’s Norman Rockwell image immediately flew out the window on the wings of her 600% markup. If Petmeds Express could undercut the local vet by that much and still make money, I reasoned, then maybe this was a business I should know more about. The Motley Fool backed me up. In May of this year Bob Clura wrote, "if you're looking for a company in a gold mine of a business with lots of room for growth and a compelling dividend, look no further than PetMeds." “Over the past four years,” Clura continued, “the company has increased its dividend by about 14% compounded annually. At its current level, PetMeds provides a hefty 5.3% dividend yield, which means investors are getting their fair share of cash flow.” Look, I don’t want my local vet sending her version of Lucca Brasi to my door but I will admit that I was steamed that my pup’s pain medication had been marked-up 600%. It was an offer that I should have refused. I also remembered that Lucca Brasi ended up swimming with the fishes. I decided that if I was going to swim with anything, I’d like it to be the dollars I’d save by buying my pet’s meds online and from getting a nice dividend from Petmeds Express. I think it was Vito Corleone who said that lawyers can steal more money with a briefcase than 100 men with guns. The veterinary community, it seems to me, is inching dangerously closer to briefcase territory with their prescription prices. I also figured that sooner or later more folks like myself would come to the same conclusion and start buying their pet’s meds online. When they do, I want to cash in. Tom Lloyd 2811 Ruleme Street Apt. 806 Eustis, FL 32726 Chipshot410@yahoo.com
352-272-0949 copyright 2014

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WAGGING THE INVESTOR'S TAIL

  • 1. WAGGING THE INVESTOR’S TAIL ? This isn't personal. It's strictly business. This is about veterinaries, your pet’s medications and how to fetch a tidy profit bypassing your vet and betting on online pet pharmacies. I’m willing to go the mattresses on this one because my local vet just charged me $70 to re-fill a 50-pill Tramadol prescription for my dog. Like most pet owners, I didn’t think twice about paying the fee. I just grabbed the pills and headed home. It wasn’t until the next day that I started digging around and began to snarl and growl a little! A quick Google search led me to Petmeds Express where 100 pills of the exact same dosage could have been had for $24. My own vet’s Norman Rockwell image immediately flew out the window on the wings of her 600% markup. If Petmeds Express could undercut the local vet by that much and still make money, I reasoned, then maybe this was a business I should know more about. The Motley Fool backed me up. In May of this year Bob Clura wrote, "if you're looking for a company in a gold mine of a business with lots of room for growth and a compelling dividend, look no further than PetMeds." “Over the past four years,” Clura continued, “the company has increased its dividend by about 14% compounded annually. At its current level, PetMeds provides a hefty 5.3% dividend yield, which means investors are getting their fair share of cash flow.” Look, I don’t want my local vet sending her version of Lucca Brasi to my door but I will admit that I was steamed that my pup’s pain medication had been marked-up 600%. It was an offer that I should have refused. I also remembered that Lucca Brasi ended up swimming with the fishes. I decided that if I was going to swim with anything, I’d like it to be the dollars I’d save by buying my pet’s meds online and from getting a nice dividend from Petmeds Express. I think it was Vito Corleone who said that lawyers can steal more money with a briefcase than 100 men with guns. The veterinary community, it seems to me, is inching dangerously closer to briefcase territory with their prescription prices. I also figured that sooner or later more folks like myself would come to the same conclusion and start buying their pet’s meds online. When they do, I want to cash in. Tom Lloyd 2811 Ruleme Street Apt. 806 Eustis, FL 32726 Chipshot410@yahoo.com