Rite Aid Corp (fka RADCQ)

[Prudent Capitalist]

The drop in RAD's share price of late has not been due to shorting, but rather the deteriorating condition of the company from a fundamental standpoint, the lack of any catalysts or synergies going forward to support an increase in the share price, the insufficient scale of the company to allow it to compete in todays retail pharmacy environment, and doubts among investors and institutions as to whether RAD can continue to survive and avoid liquidation or BK long term. And, all of these negatives have been exacerbated by tax loss selling, which is about to end.