RAD massive turn around

What a day for RAD.

Finally it was one of the longest trap seen in months.

Simply incredible to see 15 cents disappear in about 3 hours.

Numbers of shorts will definitely have increased by a lot!.

Could be that the announcement from Amazon that they are ditching pharmacy business did it as the timing is perfectly the same.

But at the beginning, AMZN has never been a possible partner for RAD. So hard to understand....

Have fun

ALERT RAD TRADER

Rad has just crossed the 20 and 50 days moving average.

If it holds and closes above 1,77 that would mean that the next stop is 2,02$

Get ready!!!

ALERT RAD VOLUME

Very interesting.

In the last 5 minutes large blocks of shares were bought at the ask. Well above 3M shares.

Unusual in the last 60 days.

Stay tune 

ALERT RAD trading pattern

Trading pattern indicate a highly possible change in direction as there is a lot of buying pressure.

This time it does not looks like a trap.

Stay tune as i expect something will be coming shortly

RAD short interest

Very very interesting to see that RAD short interest has more than double since 10 days.

That means that all those new short positions have been taken at these levels or close to in hope the share price could drop at 1,50$ or lower.

BUT unless something very bad happen, this strike price may not be obtained and to complicate the things for shorters, the way large stake holders are starting to manifest against the merger deal could mean that it may well be renegotiated at a better value.

IF that was to happen, a lot of shorters could be squeezed out and increased share value rapidly.

So this is not the time to sell in my opinion and by keeping these shares to vote against the merger ( i will be voting no) could change the value of RAD dramatically.

Time will tell but looking good 

EPO enough is enough

It is actually very bad that EPO is not giving any news and to top it out, they do not even answer to emails anymore.

There has been no shares issued recently telling me that the drawdown never happen and don't tell me it was non-diluting.............impossible

At this time anyways, why would someone lend money at 5 cents a share when the actual value is 3,5 on the market.

Sounds very bad for us the 'bag holders' and unless something happen very shortly, EPO will not survived and lawyers will take care of the management for possible wrongdoing and not telling the exact truth in plain english.

This is now the time to get things straighten out.

EPO management: i am calling you. As we are the owners of this company, we cannot accept the actual situation and what has to be done will be done to get a clearer view of the real situation. Take note!!!

RAD's expectations for Q4

Well, Thursday is the day we will find if any improvements were made in regards of results in Q4 for RAD.

Honestly i do not believe so as their negative trend has been there  for so long that a turn around would be very surprising.

I am of the opinion that bad results are already baked into the actual share price and all analysts and large corps are expecting another profit loss during Q4 (excluding special item like money received for the stores transfer)

Then, RAD will now be able to concentrate on the coming merger and i suspect the 'selling' period will start to ensure a positive vote on the proposed merger.

So unless a major surprise happen, i do not expect major stock price movements due to the results.

Have fun

RAD Update

I did received today an answer from Byron Purcell (Senior Director, Treasury Services and Investor Relations) in regards to question i had in relation with the merger.

Naturally nothing that was not already released was mentioned but the statement in regard of the coming proxy made me wonder as it was mentioned that it would answer my questions.

Personally i still think this merger (as we know it so far) is not in the best interest of RAD stockholders based upon released information so far.

The coming weeks may be really interesting as i am still thinking we do not know all the details and definitely not the real IPO share price or other details.

I am still scratching my head in regard of the credit margin approved for 5B$ even if do not want to try understanding too much on that topic as it could be for many reasons but still.....  

Any change in IPO pricing could changed dramatically the actual value of RAD shares but what we know so far is that the new Albertson share price would be in the 24$ range and that we could get an 18 cents per share in cash.

Would that change? MAYBE

Still a lot to learn from the coming transaction but i must admit that AT LEAST i got an answer from RAD management even if i mentioned they were muted......obviously they were not.

Stay tuned!