The cash flow will shock the shorts!! They don't understand that RAD's turnaround is real. Nearly 800 Wellness+ stores out of 4600 compared to 167 last year this time. In Q3 2013 they said front-end sales in the revnovated stores is 3% higher than the chain average. RAD had renovated a large portion of the stores in a remarkably short period of time that has significantly boosted cash flow. The lower inventory costs for generics has also been a boon to RAD who benefits far more than more liquid companies like CVS and Walgreens.
Prescription count is growing as quikly in 2013 as it did in 2012 during the Express debacle.
Man did you just hit it on the head. Absolutely dead on. That's why I'm holding - originally was planning to sell at 1.69, then upped it to 1.76, now I'm thinking 2 plus and I may still hold depending on the CF situation.
They already have stopped shopping across the street. I shopped across the street at Walgreens and then decided to buy Rite Aid's stock. They are that much better. In a heads up mano a mano competition Rite Aid wins every time. But keep trying, soft in the head. Keep trying to use lies to drive down the stock price. You're going to lose.