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Is this worth buying with? CODI could really hurt.
I'm sure the shorts are really upset right now...lol
2.25 support holding. Looking for bounce back next week.
Is that confirmed? Or rumor?
The question is, will they sink the price in the meantime? I believe this will bring nice gains if you call the bottom right. Do you think this is bottoming?
Great article. Same results with FTC compliance.
Sure thing. It's nice when people share ideas. Fingers crossed it holds today. Bottom forming I think...
It's hard to say when. I think short term this will hit right under 3 if it holds here. It will probably take news to really get this moving. Wall Street ran with their stories and it has been punishment for shareholders through the failed deal with Walgreens. Long term, this will probably either be a merger or acquisition play.
Smart. The battle is being fought hard at 2.25. A little room there. If 2.25 doesn't hold, I am going to Rite Aid for tissues.
That's a nice block but still roughly 1/80th of shares traded today. Not good but I'm not going to panic sell over it. I've got a tight stop loss that might get taken out and I'll hope to buy lower if that's the case.
I have no idea what direction it's going but it's been in a tailspin since news of the failed deal. Picking the bottom is tough but a good opportunity IMO.
Pointing out the significance of the price 2.25, which proved to be true as it traded sideways instead of down again. Only Clay can predict the future lol. I have hope this is about to move up, but only an educated guess.
It is holding 2.25. This level is significant support that will determine the next move imo. Hopefully it trades up tomorrow or Friday.
It really needs to hold 2.25. Look at the long term chart. Need a bounce tomorrow. Gap up please.
If you can't see the significance of $2.25 holding, your chart is broken. It should hold and bounce here. But who knows, you could be right because this stock is getting hammered.
Need to talk about holding support here before $7.
The big forces are in control. The deal was good for the company imo. But the stock has been in free fall.
10 points for Clay for being right on resistance levels today. Well played.
Great. Let's hope for it to go through. Fingers crossed.
Not a bad idea. The movement could be an indicator of decision, but who knows what will happen.
Who cares about earnings? The buyout is all that matters currently.
I'm not going to entertain those justifying their mistakes by not buying at lower levels. This company is riding on the FTCs decision, which we will find out soon. I'm taking the risk. Big payout vs limited loss. Shareholders are in the dark on the decision, but lookup previous pharmacy acquisitions and the results. Can a block be justified? I don't think so. Betting on a nice payout for longs. Put your money where your mouth is. Good luck to us longs.
Thanks for the warning. If I had listened to you, I wouldn't have bought close to $3.
I agree with you here. Showing up with a chart after a 30% run based on news does little good.
I think it's fair to throw the chart out now. Should get our answer on Thursday.
You missed out buddy. Going up AH.
Keep dreaming
What? Source?
Looks good to me. Reports in that the deal is expected to be approved this week.
So people are willing to wait on meds but not food. Oh ok. Great theory....
Link? The news I've seen has only reported likely dead deal. Unreliable opinion pieces. I'll be holding my shares and expect limited downside if deal falls through.
Walgreens is trying to acquire and you are telling us shares are worthless. This has already been oversold going into a chance of not getting blocked. The downside is very limited IMO. I'm gladly going to hold my shares I picked up recently. Anything can happen, but what do you even base your prediction on?
Waking up a bit. Possible reverse merger coming.
Lol what are you talking about? Even if blocked it will not see a big drop like that.
Don't you think the block is factored in? I see limited downside.
Is that official? I'm still showing over $3 a share and loading after hours.
Nice EOD buys
Loaded more here today. Big upside IMO.
It takes some real deep pockets to influence a company this size. I'm guessing big players in the know are controlling this one. Penny players target the OTCs for a reason.
I think the expectation of no deal is factored into price. If deal falls through, I believe Walgreens pays a few hundred mil to RAD. Risk/reward good IMO. Loaded 3s. Debt payments due 2020? So still opportunity to sell down the road. FTC is cutting close if they want to block though. Humana working with them now.
Look at Staples/Office Depot for timeline compare. Might be similar results on price movement.
What if the buyout goes through? Then is it?