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delisted from NYSE is being considered by the appropriate parties.
fortune 500 status revolk being considered NO TOUCH this is going under 1 dollar.
dont fight the trend,
I am hearing bankruptcy is around the corner because they are illiquid and don't have the money to pay their bills.
The contracts require all of the money for the stores to go toward debt and then 3 billion of debt remains and they don't have the cash to pay their monthly bills.
when a company runs out of cash and has unpaid bills it doesn't matter what their assets are worth they have to file bankruptcy or borrow or sell shares
rite aid is selling shares diluting to pay their bills how long will that last when they are delisted??
they will loose their abititly to raise capital quickly and their credit rating is terrible. It easy to see where this company is heading
a company that sells its stores to their competition to pay off debt is in bad shape.
walgreens has been a thorn in rite aids side for 20 years causing them utmost pain and making the company have to take on enormous debt to stay open now they are buying off the good stores and leaving the rest
this is rite aid main competitor that they are doing business with in spite of shareholders wishes. the management of rite aid conspired with walgreens against their shareholders they knew that the ftc wouldn't accept a full buyout by walgreens and walgreens management knew it as well. this is all being planned to the demise of rite aids shareholders to wash out the value of the shares. management of rite aid and walgreens have made millions off of the poor rite aid investors backs without any consideration for their losses. the shareholders of rite aid are being taken to the cleaners with this smoke and mirror campaign and everyone in the upper management of walgreens and rite aid knew to tell their contacts to short rite aid stock and they made a windfall in profits.
all you have to do is follow the money to know whom was informaed to short ahead of this massive drop in stock price since January
they all knew it would happen
they all planned the whole thing
and now they wont stop until rite aid has to file for bankruptcy
this stock is going to zero and going to get delisted from the NYSE and loose its fortune 500 status
but management wont lose a dime.
lawsuits are coming to drive the price down further
wait and see the lawsuits are around the corner and when they hit the share value will drop below a dollar. then delisting will commence and drop it further
this is the plan
shake out all value
they drove the price from .27 to 8 bucks then back down to 1.63 the bottom is going to fall out of this anytime and it will drop to under 1 dollar with no support down here at these levels
the pbm is worthless its losthalf its value already they paid toomuch for it again like the last pbmthey lost 1.5 billionon. this is going bankrupt. walgreens deal was a smokescreen wallstreet is correct on this one
rite aid management and walgreens sold the rite aid shareholders a pipe dream and the market bought it hook line and sinker they have collaborated to take the rite aid shareholders to the cleaners
walgreens is they enemy of rite aid shareholders has been for 20 years why do you think rite aid is in so much debt its because of
underhanded competition from walgreens in the marketplace now rite aid is dead and going to zero walgreens has caused it by deception. walgreens is at war with rite aid and rite aid management is aiding and enabling it. both rite aid and walgreens management is at war with the rite aid shareholders. they used the ftc to shake the money tree of the investors in rite aid collusion with the competitor for 5 billion dollars in investments losses on the part of rite aid shareholders . Do you think that they are done , far from it they will be done when rite aid goes to zero it might take another year but its coming rite aid will not exist soon. walgreens and rite aid management will make sure of that. they will wash out the remaining shareholders and investors in the common stock. their debt holders will get all their money plus interest
are you kidding me shorts will never cover this is going to zero over time. they sold out to their competition
1.58 close sell my man sell and no touch this toxic nightmare of a stock they will file for bankruptcy after they max out the float to 1.5 billion and wash out the shareholders as much as possible. this has no chance of a rebound the management has been playing games and allowed their main competitor to ravage the company. they have no desire to raise the share value or save the bankrupt company just a desire to wash out the shareholders completely. this is going under 1.00 then it will get delisted then lawsuits will be filing and then it will become radq the next circuit city, radioshack blockbuster well you know my man how the game is played the shareholders will be washed out completely short it fellow not long
this is a dead stock not a chance for a rebound here it wont even hit 1.80 it came from 2.50 remember and here we are at 1.75 not even a decent dead cat bounce just a little bitty bounce off the low it will probably hit that low again by 2pm and then take it out and go to 1.58
hope you took profits on this dead cat bounce
looks like you caught the knife perfectly now you can let it go and take your profit.
its when a stock drop 70 cents in a week then bounces up .15 cents
dead catbounce
amazon rumor back
goodluck to you
hope it doesn't get halted and delisted.
many lawsuits are coming because of the fraud
you already down I presume if you bought at 1.65 why buy here wait till the bleeding stops or at least till it forms a bottom this is in freefall
free fall selling could go under 1.50 by the close or drop another .30 this has no support or bottom now.
margin call selling, blood in the streets selling oh crap bankruptcy selling run with what money you have left selling. wholly crap selling No bottom death knife catching selling with little to no hope left selling
I wouldn't call a drop from 8.50 a share in January to 1.63 NORMAL. to stat with. if you think that is normal then a drop further to 1.50 by the close would be normal too. This is far from normal this is tutes selling out as fast as they can this is massive selling and shorting at the same time dilution too probably if the truth was known . this is bankruptcy like selling. blood in the streets sellings panic selling and margin selling. this is delist from the nyse selling and fortune 500 drop out selling
might go bankrupt selling their stores is a bad sign.
not profitable and their liabilities are off the charts with employees plans and such.
this is getting uglier by the week. the calm before the storm
wall street sell off continues.
RADQ .12 grey market?
-19,900% then +19900% 600 shares traded today could run soon. clean dark shell. 100000 to 1 odds wish someone would buy this shell take it current or wish management would spend some of that windfall in lsyn on fabu shell
been flipping those stupid 2.50 2.00 calls for past two months
they are all over the place you was spot on with the 1.65 call
bonds HY-4 bad could survive though. retail numbers good freds sell off worse
1.68
You was right about this all along. You stayed with your prediction through to here all the time and now here we are. Do you pick up any shares here or wait for a lower price or do you get any shares at all?
1.63
1.69
held ,0029 yesterday nice low float
will they buy the shares at the same time they dilute? will they buy the shares from themselves? how does that make a difference? wouldn't that be a push
wba has gapped down hard the past few weeks will it continue ?
sorry bout your losses this just wont go up no matter what it has been a huge disappointment such a tragedy to shareholders while management and directors get rich with the bate and switch tactics. I bet wall street shorted it at 8 bucks ive been playing with options trying to make some change on it.
whacked the 2 nov 3rd calls just in case
I know it seems bad at the moment but that's not a lot of shares and this is going to have its day soon.
why ask why ? it just does.
hitting the 28s quickly and then buying 100 shares at 29 to mask it
I hope its not a raised a/s update
vd is hitting the bid with loads
resistance at 31 32 is too large to overcome we come back down its a shame
that's it just like Friday MMs blocking retail sell order at 32
looking good
I figured 450 million this is a lot better than I thought
thank you for the post looks like some great ask hitting today