Zack never did like Basic, so what else is new
ZACKS doesn't like or dislike any stock. They don't Sell, Buy,Hold or PROMOTE ANY STOCK. They are only paid by investors like me for the purpose of serving MY BEST INTEREST. They could care less if you buy or sell any stock their not paid by the stock. It's up to you to act on the information.
It's funny how on these M.B. the number of people that don't agree with an issue either attack the messager or the source instead of debating the ISSUE . That is a sign of weakness.
EARNINGS couldn't be much worst. Industry rank 218/265.
It wasn't so bad that they loss money since a lot of Oil stocks are doing that, it was the amount of losses and the number of down earnings revisions, 4, that they had.
There are a lot of better Oil stocks, CPE , Zacks ranks BUY #2, to choose from. Good Luck !
SAY WHAT ! Numbers look good ? You must be short. I sold this about 2 days ago to meet a "call" and the fact that ZACKS had a Sell on it and I had to sell something I'am glad it was BAS. Oil can fool you. I had 2 Oil stocks that miss earnings and the PPS went up the next day so I think ANYTHING goes tomorrow and I wouldn't be surprised !
Good Post !
Looking at SPCB advancement from another point of view, around March 19, the volume changed from a 5 figure daily volume to a 6 figure volume and it has remained that way to this day. We have much more interest and people following the stock and the people that have already been holding the stock are buying more on any pull-backs. Good Luck Longs !
The few Rochester N.Y stores I've visited resemble going to Walmart
I agree with you. They just build a new Walgreen near me which is next to a Rite-Aid,( which is a dump), and a CVS which is OK. The Walgreen is the biggest and looks like a mini Walmart , I think it was planned that way.
I'am not a fan of any of them but I think RAD will be the first to go followed by CVS. Rite-Aid is getting ready to merge and in fact wants to be taken over. Rumors of talks started last month on about the 15th and by the middle of this month Rite-Aid filed an SEC report changing and making it easier for shareholders to elect others to sit on the BOD. They even changed the age limit to make it easier. The fact is Rite-aid expects and welcomes a take-over. The rumor take-over price is $9.50 to $10.00 (that's not my opinion, in my opinion that's way too high).
You are nothing but a overblown bag of windpipes. Nothing-ness in your speech.
That's the type of reply I would expect from you, nothing at all about RAD because you can't. The only thing you know how to do is to attack someone with insults because THAT IS ALL YOU KNOW. Grow Up !
Unbelievable the number of people that don't know what is happening to them. Buy, buy, buy ! Pump it up on NOTHING at all but 5 down earnings revisions and NO upside revisions.
If you can't see the DOWNGRADE that's coming after this pump and dump then go ahead an buy and learn the hard way. Good Luck !
Try superwowl6wins. he is also a complete looser
Just because I made you look like the fool you are and you are afraid of the FACTS as well as know nothing about investing , if you close your eyes maybe you won't look like a fool again.
profit taking...need some news
I don't think it's "profits". "The Street" reduced its rating to a "Hold" from a "Buy" and the ZACKS Industry Rank was also reduced but the overall rank is still #2 BUY.
This stock is going nowhere until June then Maybe GUIDANCE WILL CHANGE. There has been nothing but cuts in the est. earning for this quarter, next quarter and for the whole year.
If somebody does buy RAD I bet the offer will be LOWER than the current PPS and if you think that doesn't happen guess again.
This is worst than DEAD MONEY and you're passing up huge gains in Oil. ANY OIL it's that good.
Volume on Friday was just over the average,150/ 200K. Today volume is Low and that is good but I need GREEN today, Suzie my yellow Lab is getting her teeth cleaned today. Do you know what those Vets charge to clean teeth, $350 IF they don't have to pull any.
whats the date on that report?
Date is April 20, 2015 TODAY! They must have updated it because it was 04/17/2015 when I posted it. Still the same report.
From the report on my Zacks account............
Consolidating Healthcare Industry – A Major Threat: Over the last few years, many healthcare companies have merged to form a larger enterprise. As an enterprise, these companies enjoy greater power as well as cost and pricing benefits. The merger of Walgreen and Alliance Boots is a recent example of such alliance, which will together generate annual revenue of over $76 billion. Continuation of such a trend will reduce Rite Aid’s bargaining power, thereby resulting in increased pressure on the company’s products and services prices. To compete with such large enterprises, Rite Aid will have to either increase its revenue streams or reduce costs.
Uncertainty Over Future Growth Prospects due to Slow down in Pharmacy Sales: In the United States, pharmacy sales growth rate has slowed down due to longer FDA approval process, drug safety concerns, loss of individual health insurance and an increase in the use of non-brand drugs, which are less expensive but generate higher gross margin. These factors may undermine the company’s performance.
Competitive Risks: Rite Aid’s generic drug sales are adversely affected by Wal-Mart’s strategy of entering the retail generic drug market. Due to Wal-Mart’s wide array of manufacturers in India, Israel, and the U.S., the mass merchant offer generic drugs at a discounted price compared to its rival companies.
Are you saying that at the same time all of these analysts have been very positive and increased their targets in actuality they have been selling the stock
The NUMBERS ARE RECORDED on this site ! You think people are going to believe you over the pro's that follow the stock.
There are always 2 sides to a story a good example today is OIL ,some say don't BUY and others say BUY. Also Analysts rate a stock for different reasons than institutions sell or buy a stock.
Negative cash flow, negative return on equity, negative margins. Sorry, but only negatives with this company. You are going to lose your investment in short time.
You are on THE WRONG MB or you're just not telling the truth. There is NOTHING negative about this stock , no debt, 198M cash on hand, PEG 0.48, and it doesn't get any better than that. margins up 21%, return on equity 24%
You have no idea what your talking about. Where to you come from ? You must be new to investing. The Board DOES NOT make that decision in all cases, the shareholders can.
DEFINITION of 'Hostile Takeover'
The acquisition of one company (called the target company) by another (called the acquirer) that is accomplished not by coming to an agreement with the target company's management, but by going directly to the company's shareholders or fighting to replace management in order to get the acquisition approved. A hostile takeover can be accomplished through either a tender offer or a proxy fight.
During a "hostile Takeover" the mgmt. of the target company does not have to open their books to the acquirer and in addition the target company can find a "White Knight" to buy them out on better terms than they would get with the Hostile acquirer. Usually a hostile acquirer will pay top dollar to the current shareholders to gain controlling interest if they can.
All that being said I don't believe anybody would want Rite Aid anyway, but Good Luck !
SPCB is up a good amount for a day when everything else is down and the really weird part is the low Volume that is pushing it up. True the volume is just over the average but to fight against the market on a day near record pressure to the down side means SOMEBODY really values the stock ! Any Ideas ?
For every person that said that I can find someone telling people to get in the market and there saying the same about OIL ! All you can do is you're best DD and take your best shot !
4 DOWN Estimated earnings
Est. 9 cents 60 days ago
Est. 8 cents 30 days ago
Est. 4 cents 7 days ago
Est. 3 cents CURRENT
Next Est. 0 cents
LAST; Negative earnings
RAD will never see a higher 52wk High this yr. There done along with CVS and WBA but RAD is the first to go BK. Don't need drug stores, that era is gone.