Replies to post #2056 on Firemandave and friends stock picks

[MorningLightMountain]

I'm also eyeballing it, but RIMM has been fun so far today.....

[pkripper]

RAD short info

Rite Aid

$ 1.34
RAD
0.02
Short Interest (Shares Short)
37,320,500
Days To Cover (Short Interest Ratio)
3.4
Short Percent of Float
5.99 %
Short Interest - Prior
28,653,000
Short % Increase / Decrease
30.25 %
Short Squeeze Ranking™
33
% From 52-Wk High ($ 2.35 )
-75.37 %
% From 52-Wk Low ($ 0.20 )
85.07 %
% From 200-Day MA ($ 1.39 )
-3.73 %
% From 50-Day MA ($ 1.57 )
-17.16 %
Price % Change (52-Week)
164.00 %
Shares Float
623,260,000
Total Shares Outstanding
888,090,443
% Owned by Insiders
40.28 %
% Owned by Institutions
23.70 %
Market Cap.

$ 1,190,041,194
Trading Volume - Today
3,231,979
Trading Volume - Average
10,946,600
Trading Volume - Today vs. Average
29.52 %
Earnings Per Share
-3.27
PE Ratio

Record Date
2009-OctB
Sector
Services
Industry
Drug Stores
Exchange
NY

[pkripper]

RAD finished at hod. No complaints. 1.44 will be 10%, 1.40 will be 5% gains. LCC is also looking good!!

[pkripper]

still in RAD, swinging in the right direction. Should be in the 1.40's soon. imo

7,500 $1.39 +$0.04 =$10,425.00

todays gains= $300.00 2.96%

up $591.05 total

[pkripper]

RAD; A pennant has formed, link back to chart. And RAD has rode the 20 day down. If it breaks through the top of the pennant and the 20 day at 1.34, it could fly. This is a BIG IF. It needs alot of buys. I am putting my sell at 1.53, reason being the 50 day is 1.55 and there is a large sell on level two at 1.54. The ask is thinning. I always reserve the right to change my sell, I have errands to run today, so I will check periodically. I may sell today if it fails and goes red. up 3 percent already.

[pkripper]

My patience is wearing thin!! What a shit range. Oh well. Rad could not hold the 20 day, and it is still in the pennant. Good things are it is a billion dollar company, another store just opened. No thought of bk, so the money is fairly safe. The bad part being I only wanted a week long swing play. Good parts of TA are the boli's are tighter than a frogs ass is water tight and 1.26ish is huge support. The Williams is approaching over sold, same with the RSI. Something has to give and soon!!! IMO. But Do I have the patience. I have seen and passed on several other plays now that would of rewarded this portfolio very well, and much better than stagnant monies. HMMMPFFF!!! I will sell on the next move up.

[pkripper]

patience, e/m

[pkripper]

Well, My sell is at 1.49 as of now. It is at 1.44, and I have no level two. Selling before noon.

[pkripper]

12/17/2009 Sell 7,500.00 RAD $1.49 $11,165.76

+ $1331.00 :-)