Rite Aid Corp (fka RADCQ)

[Odessa99]

A delisting from the NYSE would have little impact to the stock price, at this level. The average large cap company trades at about 1.5 times annual sales. Rite did about $21 billion in revenue over the past 12 months (1.5x
times $21 billion would be over $30 billion), and currently has a market of below $1 billion. It is basically priced as if bankruptcy was nearly certain. But since Rite Aid has been profitable in several of the past 4 quarters, bk is far from a certainty. Based upon this info, I expect RAD to bounce significantly from this level.

As always, simply my opinion.

RAD