Rite Aid Corp (RADCQ)

[Poor Trader]

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