There's no e in rite aid... You should definitely short... You're going to make a ton of $$$$.... Short as much as you can. This is going to be awesome for you!
I think I do understand - Perhaps their interests w respect to the stock are different then yours... There is a tremendous amount of bullish sentiment right now. Let's take that as a positive.
Wow... I hate to encroach on your wishful sentiment, but, try and look the situation objectively. There are truly no indications that a buy out is in the works. I wish there were.
I can't speak for them, but I presume the one's that could afford a meaningful amount, already possess it.
I do not believe that is correct. I believe short interest is still high. Furthermore, RAD's 10 day consolidation was brought about partly because of dissapointing april numbers that failed to curb bullish sentiment the day they were released.
This is a bullish trend driven rally.
Again, they are not yet in the position to buy back stocks... If you go back and read the conference call transcript management is very clear about what they are doing with their fcf - 400million updating stores to the wellness format - the rest goes towards paying down debt - they have a good handle on things.
Hold your shares... It's the difference between a surge to 3 onward vs a retrace w further consolidation.
Pre-Mkt should be interesting - lots of new buyers on Friday - hopefully the one's who wanted a quick profit sold before the bell on Friday.