I wish I was there when RAD was considering buying Brooks drugs. "Lets buy Brooks and watch our sh price drop to below $1 and then a few years later we can file for BK." One of the board members said this at one of the meetings. If I remember right the board members name was Steven D. Walgreen. The rest of the board members went along with this idea. I also believe that after the vote to make this happen every board member cashed their unscheduled $10,000 bonus checks. I'm starting to think those $10K checks could have been bribes. It's just funny how Steven didn't work for RAD anymore after that.
Sentiment: Strong Sell
Actually RAD had a lot of underlying problems and when they bought Brooks/Eckerd I alerted this board of that. I also stated they were making this purchase to infact cover up those underlying problems. Well as projected it brought those problems to light a lot quicker and yes RAD headed towards its 20c Bottom. RAD still has those problems and you will see them come to light again after they are done Fluffing the Numbers for Fiscal 2013.
Double Top and then SHORT!!.......................ace