Rite Aid Corp (RADCQ)

[Poor Trader]

Victoria merger sub inc. merging with rite aid. rite aid surviving subsidiary of walgreens 6.50 a share is merger price of rite aid ftc block will get worked out by walgreens I'n short order.
upside here is over 100% downside is around 10% to 20% unless the merger takes another 6 months then it could get caught up in stock market collapse and go way down to under 2 a share I'm in at 3.08
I probably should wait on a lower price but who knows? any opinions on this board would be appreciated. Made some money in 09 then lost it with wfr on margin and then with sune bankruptcy held all the way down to pennies. So I'm due a win. Goodluck or Goodriddance.