Rite Aid Corp (RADCQ)

[Odessa99]

While I am not adding more call options at this time (I already own several thousand contracts with a strike price of $1, mostly expiring in late July), I added more RAD shares today. Keep in mind that Sears Holding just recently bounced from under .25 per share to more than $2 per share, while in bankruptcy. Although in distress, Rite Aid is not in bk, and expects to be profitable again (after the recently announced cost cutting) within about the next year. I think many will look back at the RAD common stock, and wonder how they missed such an extraordinary buying opportunity.

As always, simply my opinion.

RAD