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lundi 12 février 2018

Rite Aid.......Where is it going?

This is a very interesting question as the market is telling us actually a simple answer: nowhere !

With selloff from last week, it should have already rebound but that's not the case. Oh i agree a 10 cents rebound........WHAT?????

There is simply no confidence in the actual management to turn that ship around and with the level of actual shorts, it is almost a proof that most large traders think RAD is simply more and more looking like the Titanic.

I do believe RAD can turn things around but it will take time and confidence and none of those 2 items are in RAD basket at this time.

Who is the next buyer ??????

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