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Rite Aid Corporation Message Board

  • masterwallstreet masterwallstreet Sep 11, 2013 1:53 PM Flag

    You Asked for it trades at CNBC

    In my opinion only, I just watched a video on CNBC. The show was You asked for it trades. Several people asked about Rite Aid and his response was he recommended a hold. He feels that since margins are improving this is a target for a takeover. He sees anyone from CVS or Walgreens acquiring this. Wouldn't it be nice if we get a surprise announcement on the conference call in my opinion only. You think they are trying to leak some news out about it. When it does happen, they could say you heard it from us first. It is just opinion.

    Sentiment: Strong Buy

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    • what is cvs and walgreens cash balance...6 billion? Then could pay off debt and have 3 bill tax write offs and liqudate RAD real assets too.

      • 1 Reply to bigjimbig
      • My personal opinion is that Rad is better off as a stand alone company.
        You mentioned selling off assets if acquired. You want those assets going forward. Tax write off's as well.
        I think that someone would rather take advantage of RAD's continuous increase in earnings.
        It will get better.
        If I had to guess who would be a potential buyer, it would be Walmart.
        The bottom line is that Rad is doing very well.
        The 19th of this month will be interesting since RAD reports Qtr. earnings.
        I've got my fingers crossed.

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