Rite Aid Corp (RADCQ)

[Poor Trader]

OFF WATCH OUTLOOK STABLE...........1.83 AFTER HOURS CLOSE.

The management of Rite Aid has done nothing for the common shareholders of rite aid. I believe that the Walreens deal was a smoke screen to common shareholders and not a real possiblilty. If this is accurate then its possible for lawsuits to be filed against the company.. This could in return bring the share price down further resulting in another 20 to 30 % loss over the next two months. If Rite Aid gains footing and has better results than expected in the next two quarters, or, sells some more remaining assets, spin off any subsidiaries into their own entities, then the value for shareholders could possibly be unlocked by management. Taking into account the results by management so far to add value I wouldn't think that management cares about common shareholders. But its possible that they could prove me wrong.