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5 cents a pop? you kidding me?
this isn't 1930.
market chatter or rhetoric?
Nothing but hearsay, not news. I agree.
Another long retail shake IMO.
Shorts are covering, and those folks are in co-hoots and wallcheat's a lot of crap.
This is what I think now
After the announcement the SP value immediately jumps to 5+ easy, and that is a conservative number. It most likely will gap up leaving fence sitters pissed and watching. Flipping won't be easy.
The shorts have been controlling the past 8 months or so. I would guess the have a pretty high average point, which is IMO probably around 5+ too. Any covering under that number is profit.
No I did not sell. I've been a bag-holder for a while. One other note I'd like to make - remember WBA's initial offer was at 9 PS.
I think this is a better deal for everybody, including the shorts who want this uncertainty resolved. My immediate long term outlook for RAD is 8 in 9 months time.
I think this deal will surprise.
Tardis24 didn't read the WBA-8K on 8/30. It maybe a little late now for a flip. The shorts will continue to keep the trading tight as they cover and still make money due to the longevity of the deal.
It's getting ready to pop here
I can sense it.
Fake News
Loops target 2:50? That's the price now.
And hold for better days? lol
What a joke.
Then the other sour news. Also fake crap.
Headliner bull.
It is a pure retail long shake IMO.
interesting
PMMNMCTUTH
just a thought
don't show your hand to the shorts or the MMs
That kind of position may inspire them to rake us all over the coals.
FYYSIMTRA
traders
Buy at 30 sell at 35 for a quick buck or two.
totally flat today, shorts capping this.
what we need is a billionaire on our side.
to push these shorts till they go naked and afraid.
vol burst 398,722 sh @ 15:32 ave 2.425
I think what jablome meant to say is that the shorts are still very active. An insane move if you asked me.
I've been holding, been a bagger for a while.
This time I didn't triple down.
Not a single share rolled off after 1600
Tomorrow would fine day for a Fed nod eh?
this is a nice article - thanks _alias
https://seekingalpha.com/article/4103659-rite-aid-bottoms
I have not seen any proof of that
on the contrary, read somewhere they did resubmit.
FTC&DOJ have been strapped with regulations
That was then, this is now, in the interim WAG&RAD came up with a better deal for both companies and the retail market.
This New Deal is a no brainer.
Rite Aid 7.8B in sales last quarter!
Only move I see for them is an R/S
So Sad
Time to run this back up.
Shorts have a firm grip here.
you bet .. the old buys @ .005 bit ..
it's BS .. that don't fool us.
Well I did a little more DD ...
I found out that the DOJ and FTC can terminate a waiting period after being approved. Then the approved deal can be announced anytime after.
just a common refile you say?
Just use the words delay then.
Hey it's ok, everyone is entitled to their own opinion.
A refile depicts revisions, abbreviations, clarifications and most likely changes.
In this case, it most certainly will not be a disappointment.
Revisions are complete.
Whatever they are....., more stores, more money, or a complete merger at 6+ bucks a share.
Tomorrow or Monday may tell the tale.
not sure that deal will happen
I'll be 'putting' that one in Jan of 2018.
6 month bear here confirmed
30 day quiet period ends today too.
But what am I referring to? Forget it - Don't ask
Let's tale a look at a bigger picture: (Revised)
I like to shop at Rite Aid, and so will the other people who just have to drive to the other side of town. Their average sales per store should be more than 10 million per year. They will become a lean machine with lower debt after the Walgreens deal. Costs will be lower and the remaining stores will be top notch as they sell a lot of great merchandise. Amazon may not come into the picture for a while because these stores are valuable. On the Walgreens point of view, which is an excellent one too. They will have these excellent brick and mortar stores that they can do with what they please. One example is they can sell some to Fred's, or Amazon, to open new Whole Food locations with them or just keep some for strategic locations. Most of Rite Aid stores are corner properties. And on a further note: These corporations mentioned here have got many opportunities to make the world a better place through cost cutting and consumer shopping feasibility. It's actually a win win for everyone.
My reply to you is now. Chart should turn bullish.
It should be worth a lot more after the sale is final.
Remember that is JMO and I do not work for any financial firm.
With that said, Rite Aid shares are completely undervalued.
I will give Rite Aid a Target share price of $5 going forward.
Push! Push!
Come On! Get Legs Longs!
Folks, it looks like we've flat lined.
It's over .. cough cough
Trading as if news coming out.
up yas go . steady she goes.
intraday cup and ladle with two green hammersticks
this coiled spring may jump any time now. IMO
yes, creating a intraday day wishbone bottom now
Shorts tapped out - sellers exhausted
Bottom is in 2.36