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!
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!
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