Cramer on RAD last night 'the best single buying opportunity in Rite Aid you are going to get"
"Here's the skinny. Rite Aid's gotten into a relationship with a drug wholesaler that caused the hit to earnings. But when you dig down into the story you realize that this issue is an anomaly. In the meantime the company reported fabulous May same store sales numbers, thereby convincing me that the turn is very much on track and then some."
Therefore Cramer thinks the decline is a big opportunity, " In fact, this may be the best single buying opportunity in Rite Aid you are going to get," he said.
difference on estimation (revival) of 1 cent, do make people did panic sell. I have seen this of 1 cent estimation, it went back on track just in 4 days (check OCLR). So it is buying opportunity and no question