Rite Aid Corp (RADCQ)

[Phaeton]

They are not going bankrupt.


They do have a lot of debt. But it's manageable debt. The board will have to put in place a new management team if the Walgreens deal does not go through. The opportunity to have another deal come forward within six months is huge. When you look at the fact right aid has over 60% institutional holdings. We will not have any problems moving forward. 4600 stores creates lots of cash flow for some buyer to purchase this company and be very successful with a new management team. Everybody shops at drugstores. Just think if Amazon purchased Rite aid they would be disruptive to the legacy players in the marketplace. Stop spreading gloom and doom the future will be OK for shareholders in Rite Aid. Buying shares at today's price of $3.12 is a steel when you consider the upside in 6 to 12 months.