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
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
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