When a boat starts taking water there are only 3 choices of action. Bail. Abandon ship. Or drown.
The balance sheet histrionics of financial engineering are about to catch up to this golden shower.
Sorry, dude, but RAD continues to carry $6 billion in long term debt. They have reaped huge rewards for Fed easing and lowered I rates, but over time their inability to pay off principle will catch up to them when refinancing terms only become available at much higher costs. RAD is highly vulnerable to Rx reimbursement pressure because their frontend volume at higher margins is so humbly deficient.
RAD's S/P has risen only because of refinanced debt at lower cost and the winding down of the recession. There is no substantive organic growth and insufficient cash to grow further via acquisition. There is NO suitor interested in buying them out, despite the RAD boiler room's relentless claims to the contrary.
Rite Aid is a screwed-up company that is for daytraders, only; no serious investors need apply.
CVS is a golden shower,
Rite Aid is a bowel movement.
You are right, augie. CVS IS "the beast of the industry" because it is run_by_a_jackass, smells like one and eats slop from a barnyard trough. Face it, dude, CVS just has NO CLASS and cannot compete against an aristocratic competitor like Walgreens.
CVS is a golden shower. That's the TRUTH and you can't deny it.
If you own CVS stock, "Urine the Money."