Hi everyone, to follow up from my last video what an awesome trade. If you held RAD from the mid $9.50's and got in today's announcement with the acquisition we got a 8% upside move. Acquiring a company for 90+million just demonstrates the strength of the company. I mentioned the $10.50s-$11 would come and I would be looking for an exit. I still expect the stock...
Rite Aid got double whammed last week. First with terrible earnings and the next day with a downgrade. The stock has traded the last three sessions with a floor around $9.60s. At open at the stock flushed and quickly hit the high from yesterday before selling off. If you are one for a long, I would hold RAD for a $11 move within the next week. At this price level...
