Rite Aid Corp (RADCQ)

[roadkilll]

Doubled my position
Biden's new goal is 200 million COVID-19 vaccinations in first 100 days. Supply must have really ramped
If 500 Rite Aids are staffed to do 100 vaccinations daily, see Publix in Florida, it would equal 1.5 million vaccinations in 30 days. The other 2000 could average 25 vaccinations daily and you have another 1.5 million vaccinations in 30 days.
The Feds are now shipping directly to Pharmacies and Chain warehouses.

The balance sheet for Rite Aid could be transformed in the next two quarters and the share price headed to the 0.30 P/S norm for sector. ($180 share price)