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Rite Aid Corporation Message Board

  • masterwallstreet masterwallstreet Feb 12, 2013 4:58 PM Flag

    Not only will they survive the last mile they will thrive

    In my opinion only the article that came out by the fool guys, now I know why they call this the fool magazine. How could you compare old data when the company was at its worst financial state? Nobody can predict the future or what his stock will do in the future. This company was near bankruptcy 5 years ago. They could not refinance their debt at a lower interest rate. They did not make a profit. 5 years ago I would not touch this stock 5 years ago. Today what this stock is doing today and current events, it is improving over the last 8 quarters. This company posted a profit. They were cutting down the debt load with a lower rate. Why would the banks refinance if they felt that they would not survive? Why would all the analysts upgrade it from an outperform to buy to strong buy if they felt the company was not going to make it? Maybe it is because they see what this company is doing now and current time and current events. This is a very strong indication of what this stock might be doing in the future. Anybody could see this except fool guys. Wonder why hey call it fool magazine?

    Sentiment: Strong Buy

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