Could be. But as along term investor in Rad I'd rather have them stay as they are.
Percentage wise, you'll get more bang for the buck.
Think about it, get bought out for maybe 20% upside by one of the top two and lose a possible 50% upside in Rad maybe in 12 months or less? No way.
For the quick churners that would be fine. But for long term investors who believe in Rad, that would be a poor deal indeed.
I don't know who said $50. But give the stock another 12 months and the continued work of debt reduction by management and the moves they are making, then we could be in the teens.
I agree with you, by all means bring people in the stores by loss leaders.
Every big boy retail company does it every week.
P.S. Casey I have had you on ignore for many months due to your incredible ability to slant your stories pro and con about Rad.
So I have no idea what you are saying.
For me, I was always be the one who looked at Rad as a great turnaround story. For years.
Although at times I doubted myself on my investment in Rad. But never did I give up. I appreciate ACE's comments but I have always believed he had an alternative motive for cutting down the company on a regular basis. Why? Who knows.
Rad has picked up It's boot straps and made decisions that were not well received leading to increased debt.
But in the past couple years management has made some very strategic moves. I won't go into them at this time
If you are a long term investor in Rad you already know what they are.
Those moves have made Rad a very different company that Ace and his friends seem to always ignore.
Yes the debt is high due to purchases of companies that will provide better income to Rad.
But one thing to consider is Rad's ability to continue to reduce this debt even after these purchases.
Rad is moving uptown. IMOHO
P.S. As always, I say, don't invest money in any stock you can't afford to lose. Keep 25% in cash at all times.
Remember one thing that climate change is mother nature. Not human interference.
The government and their investors want you to believe it's global what ever you call it, to stuff their pockets with billions of dollars of tax payers money.
No matter if it's cold or warm, it's global warming.
What a crock!!!
After hours sales or buys in 65% of the time mean nothing.
You need to wait until tomorrow's opening first, and second wait for 2 hours before making any moves.
I'm sorry you felt jilted at Rad. They did explain the situation and your mother was satisfied.
Maybe, if the cash was a problem, you could have worked something out with the store manager to return when cash was available.
I think you had a bad hair day. But I can emphasise with your concern.
P.S. You should have gone on a weekday when PACE was operating.
But of course if your mom needed it right away and couldn't wait, then you needed to do it.
After the great news last week this is a show of a stock in an uptrend due to it's basing with high volume.
The loss today may be a reflection of weather and it's possible effect on the monthly expected sales report.
The weak hands may be positioning themselves before hand for this WX affect.
That's to be expected and i'll be waiting to come in again buying if the stock goes down any appreciative amount.
It's been a great few years for Rad holders, like myself, who believe in Rad's ability to come forth from the ashes a few years ago.
Once again I advise holders to be careful. And like any stock, don't invest more than you can afford to lose.
Rad can stop you out, if you have a price to sell. And then within minutes, hours or days it can make you very unhappy.
In these times I suggest keeping 25% in cash.
This is my humble opinion. Good luck.
I'll step in again in a week or two. Enjoy the messages from the longs and the shorts.
Continue to play golf and let our fearless sic: commanders to take charge.
Or are they all pansies afraid to take a high road and disrupt the path we are heading into.
Where are their b.lls? Do we need to see our brave marines captured and beheaded in Iraq to force our resolve?
Our brave soldiers are surrounded by isis in Iraq. Their relatives are so upset by their commanders who may sacrafice these young brave men who have a country who have looked the other way regarding the isis threat.
And by whom? A group of white hose liberals who have only one thing in mind and that is raising money to win an election and the heck with the what is happening to our world and America?
They are only out for one thing and that is to hold their jobs and beholden to their king.
I have fought side by side with the young Marines. To have just one of them die protecting what they have believed in and what they have been ordered to do can be a tragic situation for these brave warriors and their families.
When will our country and the world take charge and declare war on these monsters who are moving toward a world of califate and world domination?
Yes we may be entering another period of the crusades.
I would be very happy with 10. The stock has had a good run, but needs to come in with good numbers the next couple qtrs. Management also needs to be aggressive on lowering it's debt.
So sorry. The move was 18 cents today not 5 cents. Just checked.
You see my point?
why? because they are looking for quick trades in split seconds. With millions and millions of bucks looking for pennies up or down. They will go where the system tells them to go, buying or selling all day long. Depending on the spread between buys and sells.
Take Rad for instance. Look at the millions of shares traded today between the low and high vs the normal trade volume. Then take the pennies down and the closing pps times the change (i think it was 5 cents) I didn't check the real change today since I'm a long term holder and could care less, and you may have an idea how much was made on Rad today and the same the last couple of days by these speedsters.
As such, Rad, for the past few years, has been a great money maker for these computers or humans doing their thing.
But the deal mentioned this week can be a game changer. It happens later in the year so the big boys will find time to invest in other areas waiting for further updates on the purchase as well as Rad's earnings report.
I know with most of you I'm preaching to the choir.
P.S. As i've said time and time again, Rad is not for the faint of heart. And never invest more than you can afford to lose. Also, in these crazy market moves, I suggest keeping a portfolio 25% in cash.
I hate to bust your balloon, but book value vs what someone feels the stock is worth is two different things. Just take a look at MET and PRU.