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Rite Aid Corporation Message Board

  • jrarnp20032000 jrarnp20032000 Jun 28, 2013 1:36 PM Flag

    I thought you pumpers said a buyout of RAD was "any day now"?

    A number of you ran around all over the pharmacy and PBM boards claiming a deal was just about to be announced. What happened?

    Now the same pumpers are making new claims about share price doubling and going up geometrically. Who do you think you are fooling?

    RAD dodged a fatal bullet as an over-leveraged financial zombie that only survived because the Fed drove down interest rates and RAD miraculously (and very expensively) was able to refinance. But most of the debt remains, and the inescapable FACT is that as/if interest rates rise, Rite Aid will, once again, be unable to service its debt.

    "Dead Man Walking"...

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