Money flow confirms this, Institutional money mangers confirm this. Point and figure chart confirm this. Fair value confirm this. Price target Dec. 2013 $ 3.20.
Actually Wag isn't a better company, it proved that with the express scripts debacle and then trying to fix the mistake by running off to Europe to sell lipstick and perfume. Rite Aid is a great american company and is proving it by being innovative and focused like a laser on implementing its excellent game plan. Look for $10 easy in the next year. Go RAD!!!!
Excuse me, there, Mr. Taxidriver, but Rite Aid has about $3 Billion in NEGATIVE net asset value. They have humongous debt and a terrible track record of same-store sales growth and lack of operating profit.
RAD looks more like a candidate for demise than a rival to Walgreens or even CVS or Walmart.
The last time I was in a Rite Aid, the pharmacist was wearing a turban and looked like he might have just sabotaged the Boston Marathon. Up in Wisconsin, we don't like terrorists very much. Do you?
And why do you say RAD is a "great American company" when most of its Rx's come from India, Israel and Turkey and almost all its front end garbage comes from China and other 3rd world countries?