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Odessa99

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Odessa99

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Thursday, 05/23/2019 4:19:55 PM

Thursday, May 23, 2019 4:19:55 PM

Post# of 11254
Interesting article on Seeking Alpha, dated May 14th. The article includes a detailed financial analysis of some assets on Rite Aid's balance sheet and their future prospects, and the author concludes that Rite Aid is conservatively worth at least $2.6 billion ( or about $48 per share). That is a premium of more than 500% above today's closing price. It should be noted that the article's author was long RAD at the time the article was released.

article link:
https://seekingalpha.com/article/4263822-rite-aid-r-e-l-x

RAD
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Volume:
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  • 1M
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  • 5Y
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