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Sunday, December 21, 2014 12:57:53 PM
The reason RAD's share price came back to life is that it has returned to profitability by shrinking while maintaining flat revenue.
That's the final piece in the puzzle for RAD... Revenue growth.
I see they are projecting $26.5b next year. If that happens, it will be the best year since 2011's $26.1b when RAD was a larger company with more stores. With that kind of revenue, $8 is a fair price target.
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