Replies to post #5112 on Rite Aid Corp (RADCQ)

[roger wilco]

Rite Aid having a great day, Has the bottom been set?

[Zilla]

I had 1,000 shares I sold 3.01 had bought 3.11 before the 4.15 run.
Bought some Jan calls and just added calls for next week for twice as many just in case the meeting moves the PPS. 100 risk to secure 2,000 shares at 2.50. If stock tumbles after meeting, that is when I'll buy back my 1,000. always good to have a plan and shares seem too cheap but I've seen enough bear raids to know stocks that look cheap can still find cheaper prices. My calls keep me in the game for much less risked. =)