The lack of clear progress on Rite Aid is becoming a bigger red flag for me as the weeks go by. To my knowledge they are not yet live. Something seems wrong. My fear is the kiosks will all be removed. This has happened before when they were in grocery stores 5+ years ago. Can't remember how many now - I think about 27 in Fred Meyer but it's been a while. Much smaller scale, and I understand this takes time, but really I would have expected the ad agreements to be in place and the software to be functional long before now. As I mentioned several months ago all these announcements that are NOT about the Rite Aid progress are for me irrelevant - and - given their history I actually see them as more red flags - potential diversionary tactics.
The fact is that this stock has been HEAVILY promoted all year long. Another big red flag. See theotc.today for all the promotions that have occurred.
Definitely past time to deliver. I'm almost completely out now - and watching for some higher quality news on the Rite Aid rollout.
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