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
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
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