I've noticed that RAD tends to underperform on days when the overall markets are rallying but it overperforms on flat and down days. Interesting price action but if you're long you would like to see it make a push towards $5.25 on a day like this. Perhaps there are simply too many day traders in the stock right now.
I couldn't have started this thread at a better time. RAD up solidly today while the market is down. RAD up fractionally yesterday when the market was rallying. 2.6% so far today, very nice!
On the trader thing u hv to be right....bottom-line---let them trade ---hope --- for them to go short over night.........we open up one day .25 -.50 cents higher , and they will be begging to buy the stock back over $6.00 and watching all the nickel and dime trades they made in the past turn to d.u.s.t........right ?.........you'll s.e.e.e.e.e.e.e.e.e.e.e.e.e.e.e.e
Sentiment: Strong Buy
If u here back when RAD hovered around $5 and $6 and they were all over the news and cramer then it fell to $1. A lot of people bought at $5ish...Now they are glad to have made their money back and are selling some. Just do our part and keep shopping RAD STORE. SSS increases is what matters
You are correct. Most notable was when the fiscal cliff was resolved, RAD actually went down the next couple of days while the entire market moved up about 5%. HOWEVER, after going down for a few days, RAD then proceeded to go on a 9 day (that's right - nine day) TEAR - going from 1.29 to 1.60.
Basically, look for RAD to inch up until October sales are released, then look for another strong move to the upside as it sets up for another stellar earnings quarter. Only concern is generic pullback on margins. That shouldn't come into play until RAD reports earnings, but don't think it will have huge impact as organic growth will more than make up for this tailwind. Flu shots alone will probably overcome the generic margin gap.