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Rite Aid Corporation Message Board

  • masterwallstreet masterwallstreet Apr 9, 2013 10:25 AM Flag

    Do not get shaken out

    In my opinion only, the company is in a quiet stage where they can not promote it because earnings come out in a couple of days. They are open for targets in these BS articles in an attempt to bring the stock down before earnings. There is a lot of pressure on shorty because this stock has been heavily shorted. They might try a shakeout before earnings. They are hoping that people will sell on the news before news comes out so the price will go down. My personal target is anywhere from 5 to 7 dollars. That is when I plan on selling. This is my own opinion. I feel that this stock is very undervalued and under these market conditions and all of the improvements, and refinancing, and the first virtual clinic, and Obamacare, the product and services are in extremely high demand. With higher demand, comes higher revenues. Based on this, I feel the stock is between 5 and 7 dollars before I sell it. Everybody is entitled to their opinion. This is my opinion.

    Sentiment: Strong Buy

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