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!
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!
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