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Rite Aid Corporation Message Board

  • laylow1991 laylow1991 Apr 13, 2013 4:11 PM Flag

    As I said many times before, I invest in companies who have the peoples best interest in mind.

    Rad has done this time and time again. Always giving money and support to communities to enhance peoples health and welfare. Sure they have a lot of debt but they continue to give more than is expected of them under the circumstances.

    More then thier competitors.
    So why should I or anyone else invest in this company?

    It's because they have more employees invested in this company than any other company.
    The employees know that thier hard work and dedication to Rad will be the reward that they were waiting for for many years.
    The management of Rad has been changing stores appearence and the appeal to the public.

    The closing of stores and upgrading others have resulted in this last Qtr's results.
    It's a small step, but with a majority of store improvements on the horizon it will continue to add value to the bottom line.

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    • Fantastic post and so true.... What do you see the stock doing this week? I think up much higher and might hit $3.00 or more...

      Sentiment: Hold

      • 1 Reply to robertvendel
      • I wouldn't count on it. Rad has to digest it's recent run first.
        In the long run I would expect Rad to increase in value.
        In the short run I expect Rad will lose some price per share. But they will compensate the faithful by doing what they are doing. And that is doing away with underperforming stores and changing those stores who make money by increasing their appeal to the general public.
        Rad has a long way to go but are on the right track.
        Reducing their debt and increasing revenue is the first step.
        Only time will tell.

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