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Rite Aid Corporation Message Board

  • masterwallstreet masterwallstreet Mar 26, 2013 12:00 PM Flag

    Mother of all short squeezes

    In my opinion only, last quarter they reported a profit. The stock increased 40%. How many shares were being shorted? This quarter there are 45 million shares being shorted this quarter so far. Last quarter call options how many call options? This quarter there are over 42,000 call contracts, do you know how many shares that is? They could be converted into holdings too. What is the possibility that they will come out with a profit this quarter? If that happens, what happens to all of the shorts that have to cover? What happens to all of the call contracts that are converted ino holdings? What is the possibility of it going past 40% like it did last quarter, what about 100 or 200% or more? What is the possibility of it being a monster short squeeze? Ask yoour self one question: do you really feel lucky or are youu going to wait until the last minute to cover? I love money, money is good, money is green, I see a lot of green in Rite Aid by author Master WallStreet available on Amazon kindle ebook.

    Sentiment: Strong Buy

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