No they are managing it. A big difference.
Ill look forward to you massages one way or the other.
Until then all the assumptions can be wrong. Apple is not going to introduce a #$%$ watch.
Don't get too exited about tomorrow. There has been, over the years, a great deal of manipulation on RAD stock. No matter what the news is tomorrow the shorts can cripple the stock with all kinds of negative news for the talking heads along with web sites that have said RAD is a sell. You should know who they are.
So, what would I like to see or hear tomorrow?
#1 I want to see some improvement from last qtr.
#2 And more important to me, I want to hear about future guidance. Store closings, store upgrades, leases that have been terminated and no longer carried on the books, I want to hear about McKesson and how that is helping RAD with inventory, I want to hear about front end sales, I want to hear about drug sales and I want to hear that they don't jump on the band wagon about not selling tobacco.
This is everything.
Bottom line management has been very forthcoming with RAD. That is a big positive as far as I'm concerned.
I want the facts with no sugar coatings. Trust is more important with no legalize type #$%$.
Good luck to those who are believers. I've got my fingers crossed for all of you small fries like myself.
Put casey on ignore as I have done. He is a manipulator looking for attention.
ACE is another story. At least he keeps everyone on the board on their toes.
He's not wishy washy. We both go a long way back.
He just has a bug up his b.tt about RAD for god knows what.
When I hear of an inventory build up in companies it raises a yellow flag for me. The opposite, for me, shows a company is selling it's products. That's a good thing. McKesson manages RAD's inventory. Did you forget?
Looking to the past performance of a stock doesn't predict the future.
I, like any good investor, look at the possibilities of what may come not was done in the past.
I look forward to your posts tomorrow if things don't turn out well for RAD.
I also look forward to your absence tomorrow if things are looking up for RAD.
OMG how could that be????????????????
Tell me it's not so JOE (NY Yankee) for those that are too young.
Like I said keep your powder dry. Just to survive a market collapse. If and when it does there is no safe place to be other than cash. P.S. any stock can be a high risk. Even in a good markets.
P.S. I'm not concerned with Thursdays earnings report. I'm interested in the report by the management in the conference call.
That's where the beef is. For the last few quarters I've been impressed with their candor. We'll see, listen in!
The key has always been the same. Stock picking. When the tide goes out on a down day, look for those stocks that are still floating. If they're all on dry land look for those stocks that fell the least.
Also keep your powder dry. So you can pounce all over the stocks that you have been following, that you have done a great deal of research on and has fallon along with others for no reason.
Don't ever listen to talking heads. Use your own.
Knock on wood, I've been very successful following these guidelines.
Now lets talk about RAD. It's the only, what you may call, the only speculative stock I own. Why? Because I believe in it's new management, new store upgrades and the selling of all the stores that have a great deal of,excuse the term, five finger discounts in local communities. No I don't fall in love with a stock including RAD. I've been in and out of it for years. Even when it was less than a dollar.
Excuse me if I think you are also ACE. You both sound the same in battering RAD on a regular basis. If you aren't ACE I apologise.
As far as the 5 year bull market goes, it's longer than five years.
Like Mr. Omaha has said many times, "when the blood is running on the streets
that is the time to buy good stocks that you believe in".
During the financial crisis that is exactly what I did. I waited a while and left money on the table not pulling the trigger soon enough. But that is water under the dam.
In the long run I made out very well!!
I expect RAD will do well also. How long will it take? I have no idea. How high or low can it go? I have no idea.
I hope I didn't bore you with my mouth.
But I'm always looking out for the welfare of the little retail investors.
Thats my point Casey. It can and it might do just that. But, if it does I will wait for another bottom to form over a short time, maybe a week or three, and I will jump all over it once again.
And yes WS is what you say it is.
If you ever played with Stop Lose sales you know what I mean.
"Bingo" the stop loss is hit, your stop is sold and then "bingo" it goes right back up.
displacing dictators has only caused more turmoil in the midd le eas t.
Take a look at where these countries are after the dictators are removed. Some countries need them.
Why you may ask?? To temper the killings between the different religious sects. Live in peace or die has been the dictators motto.
So the outcome has always been death to those who upset the apple cart.
When the dictator is removed all hell breaks out with 100 times the death toll between the religious groups.
So what can we do as a nation?? I say, stay the heck out of their business.
But ISIL needs to be destroyed. Who will do this before they come for us?
We are between a rock and a hard place. We are damned if we do and damned if we don't.
Without a complete cooperation from the middle east to take down ISIL we are in deep trouble.
Todays news from the middle east is very discomforting.
ISIL has declared a Crusade against the western world. Notice that the word Crusade is not being used by anyone. But it is just that.
you need to have a strong stomach trading RAD.
The big boys trade it for a few cents up and down all the time. It's the way the market works.
For a retail investor you either believe in the turnaround or you don't. Todays loss was to be expected as winning days are also expected.
There is an old saying: "where it stops nobody knows". Keep that in mind.
It has happened many times before for other high profile stocks that financial institutions needed to redeploy assets for upcoming new companies or those that are on the move upward.
What does this have to do with APPLE?? It's the price movement. Apple has not gone down like others.
The losses in GOOG over the past few weeks is only one example.
Apple is hanging in there.
Being a part of the redeployment shifts of capital in specific stock or industries is worth watching.
Apple is still under owned by major financial groups. Could be interesting in the weeks and months ahead.