It alaways comes back after it goes down 2-3 days later. RAD is a good stock without any doubt. It is one of the popular drug compnay in USA. What you think it will do? The company is catching up and will catch up by any means. the brand name is too good to go away from the face of the earth.
I think that stupid article by the moron with seeking alpha had something to with it, novices get scared when they read insiders sell but it was going to happen sooner or later, I'am a long holder and without a doubt you are looking at 20 to 30 dollar stock down the line, it's worth the wait
I have every confidence that you are right. As this management continues with a steady hand. I am quite sure they will differentiate themselves in the market place with innovative ideas and supply chain savings. They are on very good footing for the long pull. I would say ignore the day traders and keep an eye on the horizon and we will be at a solid $10.00 in the near future.
Also, I keep watch on news for the companies I have stock in. Looks like they are hammering out an agreement with GNC to locate inside Rite Aid stores. Moe traffic...more $ Good for both. Also, considering the long term chart o this stock and how rapidly the price increases....shorts will find themselves squeezed pretty quick.