RAD buying pressure

Very interesting to see some nice buying pressure even if volume is not there actually. So i would stay prudent about this reaction the day after analyst conference.

If it closes over 1,70 expect a run toward 1,94 if this is not another trap setup.

Let see if actual short interest stays at 15,15 (one of the highest in the market)

MEG (Meg Energy TSE)

Have you seen their last earning report^

Well, this is another great pick recommended some time ago.

It is actually at the high end of the chart, so expect some retracement BUT with actual oil price, the next quarter should be at least as good as this one.

Always a good time to get some profit off the table for the next interesting play to come. 

Rite Aid analysts call today

Very interesting to see that much interest in the merger without any influence on the market share price.

The rational for the merger is ok to me BUT the problem is the % owned by actual stockholders as an end result.

Other interesting factor to consider: short interest.

How in the world short interest does not stop going higher? As of this morning it is standing at 14,95% short interest. At this rate, there will not be any share available soon to short!!!

But who is benefiting from that short interest and who could possibly do it?

Rules actually are about 2$ in value to short 1 share. So who is able to use over 200M$ simply to short a 1,64$ dollar company?

Who is benefiting from this?

I really hope that Cerberus is not behind that short attack that has ruled for more than a year now hoping to gain traction in the price rational.

If not them? Who is behind?

Hard to believe that a 2,50$ stock (based upon value post merger and rounded) + 18 cents per share cash, is still trading at 1,64$.

This is purely non sense and so far i still recommend to vote NO to this merger.

Also interesting to visit is the following site:

https://sites.google.com/view/voteno2merger

Rite Aid stockholder are angry

I have not commented about Rite Aid in some time now for one reason: giving time to review the proposed deal and hoping to get some news from Rite Aid.

Rite Aid has not done anything positive recently and details are still sketchy.

At this time my opinion is that i will vote against the merger as i feel the management is trying to reduce Rite Aid value to rumble at the same time that it smells like conflict of interest and a fire sale.

Am i alone to think this way?

Not at all, the number of shares shorted has increased dramatically and the short interest is at record high. Clearly, not many investors thinks this merger is a positive for Rite Aid.

Then this morning a site has just emerged: riteaidmerger.com

I think there will be some legal issues with this deal and RAD is not out of the wood actually.

Have i said volatility? Well this is not game over for RAD but expect very very high volatility.

Shame on management for the way this merger has been handled. 

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!

ALERT RAD

The delay for the FTC to request more information from the Rite Aid Albertson merger has expired.

No more blocks for the merger to happen unless shareholders vote against it. (i doubt that one)

Expect some resistance at this level and maybe some upward movement toward the 200 days moving average sitting at 2,12ish

Have fun and happy Easter weekend

RAD.......stores transfer completed

Rite Aid has confirmed that the stores involved in the sale to WBA has now been completed. Only the warehouses will be transferred early September 2018.

Will that change share price....i doubt it.

It is now time for RAD to start delivering their message about the merger. At the speed of price declining, this a needed step to stop the bleeding.

Was Rite Aide merger at a bargain price ? YES

Could there be lawsuits originating from the fact that management has not made everything to get the best value for shareholder ?  YES

Could they sweeten the deal ? YES but i doubt that

Conclusion: Since the original deal with WBA in 2015, Rite Aid management has done a poor job (to say the least) in obtaining the best for its shareholders and based upon actual share price value, it will take a miracle to see it back toward the 2$ mark even if actual shareholders should get 18 cents per share when the merger is complete.

So far again no news from the FTC to obtain needed autorisations, simple slides on their site to try to convince investors that this merger is in the best interest of all, and to top it out, do not try to get answers from IR department as they seem to have been muted.

Here we can see management at is worst.

Let see how it unfolds.......

EPO EPO EPO (VC Canada)

Maybe we should start chanting that as so far this year, management of this company have been humiliating themselves by the lack of news or i should say the lack of anything........

What a strange story here......

MEGA deal with India, 100M$ in financing etc etc etc and nothing seems to move.

Are we facing here a trader trap for a company without any value or is there really something brewing that will finally one day give some value back to the shareholder.

The company management is totally silent and normally this is not good news but maybe time will tell.

Normally march / april period gives good results so we will see shortly.

Have fun !

RAD another very bad day

It is very surprising to see RAD goes down almost every day since a couple of weeks without getting stopped anywhere.

BUT today may have marked the day where a bottom will finally be set.

RAD touched 1,50$ twice and rebounded a bit without going under the 1,50$ psychological level and volume was correct without being high. I suspect that this was a try to shake some hands having put stops at 1,50 but without success.

Tomorrow will be a critical day for RAD traders. If it was again to go down and break the 1,49$ barrier, well expect 1,29 to 1,39 level to be tested.

The value today means that RAD total entreprises are valued LESS than the price paid for the PBM. This is a non sense to me and there must be either something that i do not get or something that is brewing behind the scenes.

We the shareholders are awaiting news about FTC approval and since the last deal problems, i agree that it could play with the nerves of investors.

But 1,50$ish for RAD................Are you kidding me?????????

I picked up many many more today at 1,51$ and even if i am wrong sometimes, i think this is the end of the downward spiral.

Let see tomorrow how it plays out!

Have fun

RITE AID MERGER........There is a 5B$ unaccounted for

Many weeks after the merger was announced, i am still surprised that nobody, i mean really nobody has come forward to explain where the 5B$ missing is going.

On the original announce, it was mention that Albertson and Rite Aid expect to have close to 400M shares after the deal is closed and that shares start trading. (i will round the numbers here to 400M shares to be easier to understand)

IF shares are valued at 24$ as expected and that RiteAid actual shareholders get close to 30% (i will use 40% to help follow the money) then something is not adding up.

It would means that 70% of the 400 M shares (close to 280M shares valued at 24$) are not accounted for by anyone on the market.

That number of shares represents a whooping 6.7B$

Would that number be used to reduced overall debt? Increase the cash payout to Rite Aid actual shareholders? (even the 18 cents to be paid to RAD shareholder only represents close to 180M$)

That in conjunction with the actual release of a credit margin for 5B$ seems to indicate that either that money will be used to pay out debt or made a signifiant acquisition.

My impression is that this money will go toward paying debt and that means a lot for this merged company as they would go from 14B$ in debt to around 7B$ and would indicate that the real value of Rite Aid actually is not 2,50 (including the 18 cents payout) but much closer to 4,30$

Very very interesting and if i am right, it means that the price drop that we are seeing actually is artificial and would only served one of the underwriters for that deal.

Based on that, i am long on RAD from now on.

ALERT RAD SHORT

Based upon actual results, shorts have been covering themselves a lot since RAD dropped under 2$.

Almost 50% of short have been covered and i would presume that the job is almost done.

So get ready for a good leg up in the coming 2-3 weeks.

Have fun

ALERT RAD SHORT

Very interesting to note that short interest has been going down on RAD.

It seems that shorts are getting covered and that should explain why the price is so low.

Seems controversial?

Not at all, take for granted that whoever is shorting RAD, it has a lot of money in the bank and there is certainly more than one shorting this stock.

So, why not help your friend ??????

Get the price down a bit to allow covered without losses and the right after let it go crazy upward.

There is a 19 cents per share coming if you opt for the 1 for 10 + cash meaning today about a 12% return (if the deal is approve and this will be.....the first time)

We should also note that nothing is preventing Albertson to increase the value of the deal at the moment some analysts change the future value of this merger.

Have fun

ALERT TRADER RAD

Since about 45 minutes the trading pattern has been very unusual for RAD.

Erratic and lot of buying pressure at the same time when volume has been picking up.

Very interesting for a push toward 2,10$

Maybe some traders have started seeing some value in the coming merger as there is a large upside possible if done correctly.

have fun

ALERT AUY (YRI-TC)

Yamana gold is poised for a nice rebound.

Look at their 4 years production expectation and if AUY is able to accomplish this we could be talking about a 6-7$ stock within 18 months.

That is worth betting some coins on this one for a long term play!

ALERT US TRADE WAR

The latest comments and trade direction from President Trump are creating a tsunami and i suspect that this is exactly what he wants.

By issuing these comments, the president hopes other countries will react positively in his favor and will by themselves fix the problem.

I am almost certain that he will not go to trade war simply because when he was expected to issue the new tariffs yesterday, it was reported for another week. So negociations are already going.

So keep an eye on Ford as it nears 10$. A heck of a deal.........

Have fun

Encanto Potash

This company (or whatever we can call a company not moving at all in any direction) is very surprising and i would say this is the worst of management i have ever seen.

EPO.TO has published since last year so many interesting news that it should already be trading well above 50 cents but no.....still sitting at 5 cents.

Have i missed something here?

They signed a multi billion $ agreement............with India.... (hope shareholders were not awaiting the Canadian pm signed that deal.....i do not think there is any kind of wardrobe made with potash....)

NO NEWS

They signed a financing agreement for 100M$...............

NO NEWS

And so on.......

It is time the management realize that share price reflects 2 possible things: quality of the company and quality of management.

So far, both test failed.

Oh yes this is a 5 cents company and cheap......value 30M$ total. Who would pay 30M$ and have those guys in charge?????

Shake up needed here. Get rid of the bs management.

Have fun 

ALERT GPL (GRP-TO)

Hummmmmm

Great Panther published their year results this morning and i do think it was a bit better than expected.

First they invested some good dollars in the new Peru mine bought out this year and drilled a lot more to prove a lot larger than originally thought silver reserves.

I am still highly impressed by the fact that Great Panther has NO DEBT AT ALL.....

This company is managed like an old family business where if you want something you pay for it cash.

Their shares float is 168M so imagine the speed at which it can react on any positive news even a small one.

Silver has been slammed over the last couple of years (in fact at it's lowest since 2009....or close to it)

That means that GPL has the power to shoot up very very rapidly and their results  are based only on silver price.

We know now that they are profitable at these silver price.....imagine a 10% increase toward the 18$ and some.......

At 1,17$ i think this is a steal (my opinion only)

Have fun 

Yamana Gold (YRI-to AUY)

Watch out closely for this one as it approaches a key level at 2,77$.

If it was to go under that level, it may sounds very bad for Yamana Gold.

I suspect (based on trading pattern) that it may bounce between 2,75 and 2,90 and because it is  really close to the key support, short may try to hold it down a bit.

Yamana Gold on the other hand is a great gold producing company and will rebound.

So my entry point is in the 2,80$ish level and exit point near 3.00$ until the next quarterly report is made public ( in about 75 days).

What i do find interesting is the fact that Gold is doing the same and because of the fact inflation seems to be racking in higher than planned, gold is almost ready to shoot up over 1400$.

Yamana is most of the time 1 or 2 days behind gold price so that gives plenty of time to react in one way or the other.

Gold goes up......Yamana will!

Have fun

ALERT RAD

Very interesting point to note here.

SHORTED shares are getting lower....

This could indicates that finally the positive is going out and that even the one who are shorting the stock are now feeling the buying pressure coming.

If that merge was to be that bad, believe me that shorts would have increase NOT getting reduce.

This is the first sign that things may be going in favor of RAD stock at this time.

Remember the 19 cents (so called dividend) if you opt for the 1 share of the new corp against 10 shares of RAD plus cash.

Have fun

RAD merger

Not totally a fan on this one but hope some did notice the 18 cents per share that i consider almost a dividend.

At today's price and if everything goes as expected and share price stays where it is, it looks like a 9% dividend........

This by itself could be interesting if all remains as it is.

On the other hand, it is a merger where one brings in 30% of the new company (Rite Aid) in value et the other fellow brings the difference.

Still, i think RAD should be valued a lot more than what it is today.

Have fun

ALERT RAD SHORT SQUEEZE

Based upon actual trading pattern, it appeasr that volatility will remain very high in RAD transactions.

In the last 2 weeks about 50M shares were shorted and at a price averaging 2,20$. That means that if RAD can shout up pass 2,49$, they will have to cover and i also expect that some of those shorts will try to add pressures by shorting lot more today and tomorrow.

Also the fact that no numbers have been disclosed put a cap on RAD actual share price as market does not react positively to secrecy.

The only number that we know by now is the 24B company after merger including debts.

So we can guess real share value at anything over 2,50$ but again, the devil is in the details.

Stay tune.

Rite Aid Deal

It will be very interesting to see how the trade will be seen by authorities in the FTC.

This deal is not removing pharma's but giving a chance to add some more over time.

So this should be cleared without any problems.

Still so far pre-market does not seem to fully understand the deal or the real value of the combined corps and i would tend to agree. Unless we get the real numbers, it is unclear.

ALERT RAD Albertson'S

The final merger has just arrived.

In a deal, Albertson's and Rite Aid will now merged to form a 24B $ company.

Rite Aid holders should control 30% of the newly formed company.

If that is the case, every share will now be worth close to 4,50$ if the deal goes through naturally.

Much more to come today.

Stay tuned!!!!

Dow floor established

If correct on the above statement, i expect the DOW to end the day in green.

If also correct, expect RAD to close at or above 2.06$

Have fun

ALERT RAD

Based upon trading pattern, RAD is either recovering or a trap is building wait for 2,07$ as a buy signal.

Large blocks appearing on the bid. Abnormal at this time of the day.

Be careful

Market bottom

Based upon trading observation and direction, we are very very close to a bottom that i think will range between 24500 and 24600 on the Nyse.

We should still experiment some turbulence but unless a major problem arise we are at the bottom and we should now be trading range bound between 24500ish and 25500 until the next very positive thing happen.

Watch for inflation as it could derail this stock market with another plunge toward 23000.

Have fun

HOV Still alive and doing good?

At this time i think HOV is a good trade option not an investment.

It is bound within 1,90 and 2,20$ so it can generate some interesting profits in a short period of time.

Do not forget to take your profit off the table when possible as HOV is not the best investment possible at this time as there is too much going on with this company.

Have fun

FORD (F) seems like an interesting buy

With all the last week turbulence, Ford seems to have established a nice base.

I am back in and expect a nice rebound toward the 11.50$ - 12.00$ within a 30-45 days time frame

They do not have that much negative against them so let see if the market rebound will help it out.

Have fun 

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 ??????

Market crash or Market recovering?

Be careful, we are not over yet.

Nope the swings are not done at least not yet. Expect again some high swings in the coming days as market is trying to establish a new floor.

Still looking for great positives for the market to march again.

Will it be Trump's infrastructure plan?

Don't forget inflation that could make interest rate higher and as a consequence, stocks lower including gold and silver.

So is this a good time to get back in ?

Yes one byte at the time.....

Have fun

Market CRASH Where do we stand ???

Oh my this week has been absolutely incredible with large swings in both directions.

But what stocks really went down ? All of them ??? NO

Most of the ones that plunge were already totally overbought and this kind of correction was an absolute necessity allowing great dips for us the small investors to get in and continue to make some profits along the way.

It proves also that whenever we made some interesting profit we should always get some off the table to avoid having to start all over again.

Are those market swings over NO.

The week will continue to swing both ways as there is simply no catalyst at this time to allow a new leg up to start and market is still removing some weak hands out of it.

So this is a great time to get in one small bite at the time.

Have fun

ALERT FORD (F)

At actual price, Ford is getting very interesting.

Keep an eye on this one as sell off should continue for some more days and could make it very attractive.

Have fun

VOLATILITY is getting higher by the day

If you want to track volatility, use TVIX or SVXY.

These 2 are extra short replicates of the market volatility.

TVIX : if volatility is getting higher it will climb

SVXY: same thing on the opposite direction

Have fun

ALERT RAD TRADER

Computer generated transactions have switched on the buy side.

Hummmmmmmmm

Very interesting and could mark the beginning of the next leg up!

Have fun

RAD What's up ???

It seems that last week rally was a bit before itself.

No stock goes straight to the roof without establishing new bases and today so far, that is exactly what RAD did.

I know that another article mentioned that RAD value was to stay at about 2$ for the year or until guidance BUT many time these remarks comes in by the same wanting to buy it cheap.

I think we have seen the new base today at 2,20$ and this is great news as if the comments regarding RAD value would have been the truth, we would have experimented an exodus toward exit.....this has not happen.

By the way there were not that many times in the last 3 years that RAD had closed in gain 5 times in a row and Friday marked the 4th one.

So a pull back was expected even if a bit larger than thought.

Expect higher volatility in the 2,20$ to 2,25$ but so far nothing to worry that much and shorters are still in very high number.

Have fun

ALERT RAD

I will now officially call that a rally......

Sounds too late, not at all.

I have seen so many long traps in here that it needed to get over the 2,40$ish on a large volume scale and RAD did it.

For the first time in years, it is now enroute for a 4th green day in a row on very great volume.

What is more interesting is the fact that shorts have not covered yet and are most probably waiting for the next ''cover your butt' signal at 2.75$ - 2.80$

Not sur it will get there rapidly as we have to remember that many shorters did it between 4$ and 8$ giving them a lot of margin to wait unless they were on margin calls and in that scenario the signal for them is 2,49$

Have fun

ALERT RAD

Oh my god.... What a start today for RAD.

Super jump and it has now to stay above 2,20$ and close over that number to officially call this 'the real rally' in RAD shares.

Could this be a trader trap ? Still a possibility but with actual volume, it looks more like a short covering process as in the past week it had increased substantially.

If it was to achieve 2,29$ with huge volume forecasted for the day, we could even think of a short squeeze if a great new was to be published.

Keep an eye on it and remember that it has never been a bad idea to get some profit off the table.

ALERT EPO

Tomorrow will be a crucial day for shares of EPO.

based upon trading pattern, one of two things will happen tomorrow.

If low volume (under 1M shares) and price DO NOT goes higher than 6 cents, that could be then end of the rally at this moment and the start of a small decline for the days to come toward the 4 cents.

If higher volume than 1M shares and if share were to get at 6,5 and under 7,5 cents, the rally has a new life and it could reach 10 cents early next week.

If higher volume and shares gets over 10 cents, be careful as if there are no news, it would mean traders having fun.

So keep an eye and get ready to get into a new rally or get off a new trader trap.....

BE VERY CAREFUL

BITCOINS here to stay or not ?

It is interesting (to say the least) following the ups and downs of those currencies based on nothing more than thin air and expectation that somebody will pay more than you did to justify a profit.

So far great returns but if you like turbulence you are looking at the right place.

Interested: here is an index you can follow: GBCT

There is no  real index that contains all crypto currencies at this time and it may come whenever banks think they can make a fortune selling those funds or shorting them.

I will imagine that when Bitcoin gets back to 20,000$ they may thin about it again.

Don't ber the barn on this one!

Encanto Potash (EPO.TC)

Keep an eye on this one. It has already doubled in a couple of days and could be ready to go higher.

This is a yearly thing with EPO and i would expect another round up to about 14 cents.

Could be another 100% return but be careful as there is simply nothing that justify this leg up!

ALERT RAD

Nice recovery again today for RAD.

Seems more and more like a trader game with a 7 or 8 cents very foreseeable spread.

Nice way to make a lot of $

 

EPO nice volume again

Encanto Potash a reality or a dream ?????

Not sure of either one but the volume is getting some traction and those lucky traders who got in at 0,035 are now having a good and solid return on their trades as it is sitting on a good 5 cents (almost 50% gain in a couple of weeks)

What's the future?

Good question and impossible to answer at this time but any good news could really make a huge difference.

100% gain is only at 10 cents.........

Have fun but don't bet the barn on it!

Rad.......shorts still at it

Simply incredible to see that many shorts on a company almost at its minimum price where the real profit is about 10-15 cents when shorted.....

One day it is going to hurt but the only problem at this time is when will there be enough buyers to fix that shorting problem????

That is the question!

ALERT RAD

Rad is still in the high resistance territory.

Results disclosed yesterday were not bad and shorts have covered some since then.

This resistance will be hard to eliminate and until RAD closes above 2,20$, i suspect recovery will not get in at full speed.

Couple of major numbers are the 200 days moving average sitting at 2,70$ and the 20 and 50 days moving higher toward the 200 days moving average.

If that was to happen, it would be called a golden cross (when 20 and 50 dma crosses upward the 200 dma).

At this speed it could happen at about the 2,50$ mark (200 dma will continues to slide) and from there a real recover will happen.

Have fun and at this time it is a cautious buy (imo)

ALERT RAD TRADER

If RAD touches 2,21$ today, we may get kind of a short squeeze  as it would seems that many traders expected the results to have been worst than what they were finally and that large institutions are seen buying into RAD.

At this time DO NOT SHORT (imo)

ALERT RAD

Yesterday results were so so and based upon early trading we could be in again for another round of shorts but it could very well be short lived.

RAD results were in line with expectations and management seems to be using money received to repay long term debt as expected.

Now is the time for a new catalyst to come in play and the poison pill taken yesterday is suggesting that the last short attack that sent the shares toward 1,40ish price could have been orchestrated by one of the group RAD suspect is or was trying to put their hands on over the 5% shares threshold.

So it may be time finally for the great come back in the share price of RAD. It will not happen overnight but RAD is on the route to recovery.

To me, it is now a buy.

ALERT EPO

With yesterday trading pattern and today's before opening bell build up on bids, i do expect some news are on the way.

There is a rumor about the go ahead with the construction of the mine site and tender could already be done for establishing costs.

THAT by itself would be the biggest catalyst for EPO so far and a great contributor to its stock price.

We will see very shortly but remember that actually EPO is as its lowest level since years ago.

Have fun

ALERT RAD

Rad will publish tonight after market close its results for Q3.

Based upon trading pattern, it would appear that lot of shorts have been covered in the last couple of days and may be expecting better results than analyst had forecasted.

If results were to be ok or better, expect another great run but if results were to be dismal, look down to 1,75$

Be careful

Happy Holidays

Happy Holidays to everyone.

Please be safe and enjoy this time of the year with your loved ones.

Read you back early January

AUY (yri.to)

Interestingly AUY is slowly moving upward a couple of cents here and there.

It could be a great investment for 2018 as it continues to cut on cost and expand revenues.

To keep in mind!

ALERT TRADER RAD

As expected RAD is experimenting a high level of resistance between 2$ and 2,05$

Unless a clear update happen, this could continue until January 3rd (results release)

What i am expecting for this release is the following:

1) 400 or more stores transferred so far
2) debt reduction in accordance with mentioned plan
3) sales flat or -2%
4) update on rumors (RAD will naturally decline to comment and this could be a good indicator during the results conference call

Anything above that could be the catalyst RAD needs to get a major positive upswing.

Clock is ticking: 12 days to count 

ALERT HOV

As mentioned, HOV is now a sell recommandation from analyst.

Stay away of it for now as recent upward move was a long trap.

Until it clears out the 'default' idea they it had, wait on the sideline.

Be very careful on this one

RAD resistance

Rad is in the middle of high resistance at 1,95$

If you think that this is not easy, wait until it touches 2$......

That will be high resistance and i expect it to last until January 3rd when numbers will be released.

Then , well nobody knows.

If numbers are encouraging, it could pop up rapidly as many will cover their butts and if numbers are not that good, there will be another round of shorts toward 1,65$

So be cautious and do not forget to remove some profit off the table (as many are doing right now based upon trading pattern)

Have fun

ALERT TRADER RAD

As expected rebound just happen.

Now, high resistance will be seen until 2,05$ then next step will be 2,195$

Have fun

ALERT RAD

Large profit taking this morning and some short covering.

Expect a rebound from here toward 1,95$

Have fun

What about Bitcoin ?

Bitcoin Bitcoin Bitcoin

Very interesting trading opportunity and what's more important is that it is based upon nothing.

No internal value, nothing

It is only based  upon the fact that whoever buys it will sell it at an higher price.

This is not the normal trading and you could easily make a fortune or loose it all.

This is based only on trader moods so it should be regarded the same way as a future company with an idea but no money to realize it and no way of borrowing to get it done.

Briefly: a bitcoin is worth nothing.

Why is it so high? For many years it has been dreamed that one day an universal currency will emerge. Many think that Bitcoin is but as long as it is based on nothing, this is not the universal currency dreamed about.

You can be part of this fun game by risking some coins but seriously stay highly cautious as value swings are so high that it can make you sick simply by looking at value fluctuation.

So the choice is yours but as far as i am concern, i will look at it without my own money in it.

Maybe in 5 years i will regret it but i think there are a lot better ways to make so $$$ without all the involved risks.

Stay highly cautious

ALERT RAD

Nice activity this morning on RAD where the 1,85$ was tested a couple of time and it did resisted.

So what's next ?

Well above the 20 and 50 days moving average, will now try to close the gap with the 200 days but could be a lot harder until results are published early January.

Until then, it is trader paradise with some interesting swings daily.

Still use caution and get profit off table when possible.

Have fun

ALERT EPO

Surprisingly, tax loss selling season is not showing so far. I would have expected a lot more down  volume but it is not happening.

Canadians have until December 27th to profit from tax losses so it could not had started yet.

Be very careful unless you could digest another year of suffering.... 

ALERT TRADER RAD

Another tricky early trading in RAD.

After some large blocks were traded, it rebounded again showing nice resistance at floor level between 1,79 and 1,80$ and THIS is interesting.

I would bot be surprised to see some nice upward movement but again with trading being so tricky, t could be again traders having fun with it trying to get it down again.

Be cautious here but looks good now on the mid term at least until numbers are released on January 3rd.

ALERT GPL (GPR.TO)

Nice move yesterday ans great 10% profit in 24 hours.

Maybe time to get some off the table ready for the next swing.

Expect some retracement before getting back in (my opinion only)

Have fun

ALERT HOV

HOV will release its results on December 21st.

Until then, be extra careful as there is intention to get in default mode as HOV wants to renegotiate their debt.

If that is to be true, expect a massive exit sending the share price well below the actual level.

So at this time this is a hold (in my opinion)

Goldcorp a nice long term play

Have a look at G.TO (Goldcorp)

Directly linked to GOLD price and at 52 weeks low with great uptick potential.

A bit a the time but should be in any interesting portfolio (in my opinion)

Have fun

ALERT TRADER Laurentian Bank Canada (LB.TO)

Be careful on this Canadian bank as there is a potential 300M$ problem with mortgage.

Stay on the sideline until problem is resolved.

ALERT GPL

Based upon trading pattern and actual base that seem to form on GPL (GPR.TO) i have increased my position this morning.

This company operates without any long term debt and have a very small shares float and even if silver is trading at a very low level, % of shorts if very low.

Silver is also trading very close to its base so i think the risk is minimal.

Trade safely!

GPL GPR.TO Alert

Great Panther is a very interesting play at this time as it is bouncing on it's base (52 weeks low) and is now ready for a good rebound.

I expect 1,19 rapidly.

Have fun

ALERT RAD

Based upon actual trading, there is a large directional movement coming.

Could go either way but i would estimate that it is a leg up movement as shorts tries this morning did not went well and was easily contained at 1,85$

Be prudent.

ALERT RAD

Rad is showing some interesting signs of life since 2 days.

I will keep an eye on the 50 days moving average as it has to close above to maintain the push toward 2$.

I do expect some tentatives from the shorts to bing it back under at the moment it touches it.

Actually a 1,84$ with upward pressure and increasing.

Hummmmmm lets see how it closes the week before jumping back in.

ALERT EPO

Be careful on this one as taxes loss selling season has begun.

I expect some selling pressure on this one.

Be careful

RAD again

Another very bad day for RAD.

Explanations: no guidance and no updates except for the closing of about 100 stores with WBA.

Remember last week that with a single news it went up very rapidly.

And now, without anything else, it is going down since the last week great gains.

What will it takes to get it out of the short power?

NEWS......Great news.

I can only now imagine what will happen if numbers were to be a lot less interesting than anticipated........TIMBER !

So be extra careful here not to lose it all on one trade.

RAD should be a lot higher, that i agree, but until shorts find another one to have fun with it, it will need a major push.

But could it be that someone is trying to get as much shares as possible and stay under the radar ?

As long as anybody owns less than 50M shares, it does not have to disclose the position.

Time will tell but as of now, i think it is over for this year and unless something very special happens, i will be also looking at other plays.

Have fun!

Is RAD ready to move up?

It is interesting to look at recent trading activities for RAD.

It is acting as if walls were created the moment where poor RAD is trying to take off.

How to explain that is easy: the spread.

For somebody shorting a company, it is important to have a good spread between intraday high's and low's.

So far RAD has been very generous on this criteria but it seems that the spread value is getting smaller and smaller every day with a couple exceptions in the last 2 weeks.

Reason behind that is the fact that we are getting closer to quarter data release (around December 22th) and that any good news would sent RAD on a sky's the limit range that it could create a short squeeze (where too many shorts are trying to cover themselve that shares climb in an unorganized fashion very rapidly.

Are we there yet......no but it could come in the following days.

Expect kind of rally before RAD releases their results and thereafter it will be more than interesting to see where it will stop. (either ways)

ALERT RAD

Trading so far this morning is controlled by shorts and computer automatic sell orders

Simply put: shorts are in control so far and trading is so weird that it is really hard to predict this end of day.

If RAD can hold at this level it could push back toward 2$ otherwise, next floor is at about 1,85$

Be safe here

ALERT RAD

RAD just went in another large short sell BUT it seems to recover properly

Keep an eye and play it safe

As of now, if it hits 2,25$ then next stop is over 2,40$

ALERT TRADERS RAD

RAD has opened again in the green area BUT expect a lot of resistance at this level. TO confirm that the bull run is to continue it has to get over 2,25$ then it should fly toward 2,40 then 2,80$

Resistance will be really high as old shorts do not want to let it go based upon the increase of yesterday in total stock shorted.

Stay tuned

ALERT RAD

What a great week for RAD and i would admit that i called it properly Tuesday at 12:05.....

now, here is the real interesting point.

IF and i mean IF RAD was to open over current closing level (2,16$) that would mean that the next stop is 2,34$ and  again if RAD goes over, next stop will be 2,80$.

Here is the real treat......

Shorts have increased (yes it did) during the last 2 days great run up) and if for any reason it was to go 10% over today, expect a short squeeze propelling the price over 2,80$ at which level we could expect a real high resistance.

We will know in a little more than 12 hours, but based upon trading today and the try to get it down near end of day increasingly tells me that we could be in for a HUGE rally before end of this week and without any significant news.

Volume today was insane and the last time it happen (during a 2 days run) sent the price over 4$

If you thought that today was great, tomorrow could even be  a lot more interesting.

Stay tune as i will be monitoring this one VERY CLOSELY tomorrow so expect a lot of post about RAD.

My take for December

Will we get a Santas rally this year?

Well i think we will.

Numbers are great......Trump new fiscal plan seems to be on it's way....oil will get a boost from an extension for the producing cuts and much more

1) Oil will try to break the 60$ limit (WTI) simply because Russia will agree to extend the cuts over March 2018. They are not stupid and they know the higher the better. So, this should be a plus for the oil sector. Remember that on the radar list there is NEG.TO and CHK on nyse. They are highly volatile but could generate the biggest gains.

2) GOLD: It will not be replaced by bitcoins at this time. Expect higher volatility as North Korea continues to be stupid enough to strike new missile launches even if most of the world agrees that it is not acceptable. So gold will goes higher

3) FANG stock will continues to be highly volatile BUT Amazon will lead the pack. I expect Amazon to make some more announcements before year end on some more markets it is not touching yet. They are actually the biggest disturber for retail companies and will continue this way for some time.

4) Potash stock will continue to trade sideline as there is not much new demand and still too much offer (or at least potential offers). EPO.TO will continue to trade sidelined for some time but i still expect this one to gain a lot in 2018.

5) RAD: Poor RAD had enough of troubles in 2017. I still believe that RAD is by far undervalued and way too much oversold. RAD should already be trading in the 3-4$ range but it may takes some time. If results near Christmas time are good, expect a fantastic 2018 beginning.

What else to say, market is not overheating at this time and there is still room for growth. So, 2018 could bring in many more new records as economy stays as it is: in great shape.

Have fun and safe trading

ALERT RAD

Based upon trading since 12:05, volume, number of buys compare to sell orders, this is almost confirmed that we have begun the expected bull run.

If no surprises comes in, expect to get toward 2$ very rapidly and lot of resistance at that level where news shorts will try to lower price but this time without success. If this happen, the next leg up will be rapid as shorts will cover their orders very very rapidly.

Stay tined

ALERT RAD TRADING

Long trap pattern removed from the equation and today seems to mark the beginning of a nice bull run and here is why.

1) Buying most active platform are the same used to short the most (PSE, EDGZ and BATS platform)

2) Rite Aid has indicated that they have started the transfer of stores to WBA

3) They have also indicated that they will use money received toward paying the debt

4) They have also indicated that the taxes burden will be like ly very low as they will use the carry forward losses to eliminate taxes

With that in mind, it is VERY dangerous to short RAD at this time.

ALERT RAD TRADERS

At about 12:05 today, something has happen on RAD trading where abnormal trading occurs and looking like some large shorter had started to cover.

Keep an eye not to fall under a long trap but if it touches 1,75$, it could the bull run many were expecting.

ALERT RAD

Interesting article about amazon should buy Rite Aid

https://seekingalpha.com/news/3313864-cowen-analyst-says-amazon-buy-rite-aid?app=1&uprof=82

ALERT TRADER RAD

Based upon past months trading pattern, we are either in a long trap and price will get back down within next couple of minutes OR we are in an cover mode (for shorts and margin calls) and RAD will shout up toward the 1,70$ rapidly.

We should know by end of day.

ALERT RAD

If rad was to close above 1,60$, it would have crossed the 15 days moving average. Next stop then would be 1,80$

But again be careful toward the long trap seen very often and expect a lot of resistance at 1,60$

Volatility is high

As of now, volatility is getting higher and most of the time it does indicates a change in direction.

Majors indexes are now ready for a correction BUT if results continues to be that strong, we could expect a small drop only to get a great leap higher.

Still, be extra careful on those used to trade rapidly for minor profit:

1) RAD is used actually by Professional traders to make profit both way buying and shorting. Most of the days, it has a 10 cents spread or about 5%. It is great if you buy and sell at the right time, but it could easily goes both ways at a rapid pace.

2) Oil is also moving side ways with a 5-6% spread. Be ready to make profit on this one to

3) Gold is going nowhere BUT that could change in a blink

So, on all trades the line is getting thiner so be extra careful

Is this the awaited correction ?

Keep an eye on the indexes as we are getting very close to the beginning of the so awaited correction.

Looks like most of the indexes are right on the tip and unless some great news (unexpected one) comes in, we should see the beginning of a correction early this week.

Depth and lenght will depend of the kind of news we get or the absence of them.

Most of great news have already been baked into the stock prices and i do not think we are heading into large changes. So, get some profit off the table and wait for it. Christmas rally could be very nice.

RAD The management shake up continues

Seems that Rite Aid is still alive and continues to make many more management changes.

During these times, stock continues to trade a bit higher then some more on the down side meaning a nice sideways trading......

Shorts have continued to grow and at this time unsure of what's ahead. Any more bad news could send to stock on a downward spiral (i mean another one.....)

On the other hand, any good news in regard of sales, profitability or anything very positive could create a short squeeze.

So this is a good opportunity but still be careful!

OIL Hummmmm

Did you noticed that Saudi Arabia and Iran relations are not that good those days????

If it was to get worst, expect more turbulence and higher oil price.

60$ for oil barrel is not that far before year end....

MEG and SUN could be potential great winners and the same for CHK.

EPO Nothing changes

Oh well, even with a 2M shares wall, it went down again to 3,5 cents today before closing unchanged at 4 cents.

We are entering into loss selling season as traders will capitulate on it and get a tax break for a loss.

Based upon trading and lack of news, i would tend to think it is over for this year.

Potash market is far from being strong and nothing indicates a change in the foreseable future. So maybe 2018 will bring kind of good news but until then........

RAD Amazon not seeing to get into pharma

It is interesting to note that Amazon has indicated that it does not intend to get into pharma (at least in 2 states where it bought licenses) even if there is NO confirmation from Amazon itself.

What we saw today was short covering at exactly 15% gain after shorting it.

If that trend was to continue, expect domino's effect toward 2,12$ where it all started.

But be extremely careful not to get into a long trap here.

Overall market condition

Based on actual trading on all major stock indexes, we are right now in the middle of something to happen.

Either positivism will continue and market will continue to add to the gains or it is now time for a correction.

I personally think, we are entering now a period of correction. Market is waiting for something and i cannot see the kind of positive needed to continue climbing higher.

I would be very healthy if market was to correct itself by 5 to 7% and i think this is where we are heading.

SO if you made great gains recently it could be a good idea to take some profit off the table and stay sideline until that correction happens.

Naturally only an opinion by the actual gains may not last for that long.

Be careful

RAD..... Is the worst over

I think it could be. There are so many shorts at this time that one day or another, they will have to cover.

Remember that it is always dangerous to short a stock at this value especially in the case of Rite Aid.

RAD is not expecting going bankrupt as they will have tons of money flowing in for the next 6 months and this should reduce their debt load a lot and toward a more manageable level.

Is this worth 6$ ? Not right now but once debt becomes under control yes.

So for the meantime, RAD could be a nice profit making stock if you play it right and under a short to mid term lenght.

Have fun but be careful with this one.

OIL watch carefully

With all that is happening right now in the Gulf, it creates incertainty and applies pressure on OIL price.

So this could be a nice opportunity to increase a position in MEG.TO and SUN.TO

These 2 are my favorite plays in Canadian oil fields and are much interesting and less volatile than CHK for this interesting oil market.

I expect some more turbulence in OIL world and it could mean great profitability.

As usual be cautious.

ALERT RAD

We could be in a recovery mode as i type.

RAD has been hammered so much and was so oversold ( i even suspect naked shorting of this one) that it means that it has to recover simply for the fact of covering shorter's butts.

That does not mean however that the shorting round is done BUT it could be a lot quieter for the coming weeks leading to sales results.

Be careful

HOV What does next earnings reserverse?

Based upon last couple of years, HOV will disclose its results on about December 8th and if results are not there, expect a return around 2$.

If HOV is unable to achieve profitability when everybody else are, that mays sounds very bad for that company.

They were unable so far to get a profit whatsoever and NOW is the time.

Until early December i expect kind of rally for this one but be careful as it could be a sell on the news stock.

RAD Is this one dead ?

What a descend to hell.......

This stock has been hammered almost everyday for the last month or so and now wondering when that will stop.

Unfortunately, nothing signals a change of direction and the only place to look now is down.

It has been greatly oversold and it seems that unless a major great new is throwned in, it may well even gets to 1,25

So be on the look out and it may well be good only for some trade in and out.

BE EXTREMELY CAREFUL