One thing I learned is never underestimate people, be careful who you talk down to. . Seek out the negative in any stock before the positive. Learn how to not lose money before you learn how to make money. History is FACTUAL and repeats itself. If you took all the money from everybody in the world, in ten years the people that were rich would be rich again and the people that were poor would again be poor. Good Luck Take your best shot ! You like RAD then go for it. I see too many red flags but I'am not ready to cash out , there are to many good arguments for the stock. I'll give it more time.
**** if Rite Aid liquidated all its existing assets, including cash and inventory, it still could not cover the amount it owes in long-term debt. ****
I'm not sure how you could make a statement like this. But, given that RAD's $26 billion in sales (customer relationships and scripts - intangible assets) are on the books at historical cost at about $420 million, I woukld be willing to offer an opening bid of $420 million, plus 1 dollar.
I didn't make that statement , it was copied from an analysts report but I do agree with it, just look at the balance sheet. I agree as long as they keep swimming at the current rate they will be OK but that is a big risk to take. I'am long and the ONLY reason I might stay long ( and you will have to put up with me), is I have an ZACKS account and I do believe in them but they do make a mistake from time to time , and I can't see how they can rate RAD #1 and SWHC (who I also hold), who can't keep up with GUN production a #5 strong sell and RAD has been downgrade by Yahoo Analysts opinon while SWHC has been upgrade both in Opinion and Earnings. Some of the experts are out of touch. For every one that likes RAD I can fine one that doesn't like them.
When things aren't going well blame the Manager ! John Barbour was President of Toys"R" Us for 7 years and LeapFrog was lucky to get him . He was a hero on all the Business TV channels as LF products were in short supply and the demand was more than double what was expected.
Toughest business decision: The decision to take a big risk on our new Leappad tablet and my first month (on the job) I made the decision to signficantly ramp up production. And despite the fact that the product hadn’t been in the market, in the end we sold more than two times what we originally planned to sell.
Biggest missed opportunity: When Playmate Toys, a partner to Matchbox, offered us distribution rights for a new action figure line based around a bunch of turtles that were mutated and could do Kung #$%$. We took the product and talked to our UK retailers and they said ‘are you guys crazy? This thing will never sell.’ So we passed on the opportunity. That thing (Teenage Mutant Ninja Turtles) exploded and for many years afterward we thought, how did we miss that?
J.B. does need help. LF needs new products that work out of the gate and some design people with a vision like Steve Jobs. They need to lead and not follow ! I hope things work out for them.
but you want to call people names who do.
You got a lot of nerve , That's all you do to other people, call them names, because can't handle something you don't want to hear. You have no comeback so you attack the person not the argument. You're the type we don't need. Good Luck !
Yes, but Rad has a positive cash flow from Operating Activities
Point well taken ! But if they ever get to the point that their not at the top of their game, then look out. Their backs are against the wall, there's no margin for failure.
How do you determine if a balance sheet is good or bad? In the simplest terms, a balance sheet can be considered good when assets, such as cash, are nicely higher than liabilities, such as loans from banks.
How does Rite Aid stack up?
Sadly for bulls, Rite Aid's balance sheet remains worrisome. Rite Aid took on a big chunk of debt heading into the recession when it bought the Eckerd pharmacy chain, and the company has struggled ever since to regain its footing.
Even after closing stores and refinancing debt to return to profitability, Rite Aid's debt to assets ratio (long- and short-term debt divided by cash and other assets) still stands at 87%. By comparing the retailer on this measure to CVS, which has a debt to assets ratio of 18.4%, and Walgreen, which has a debt to assets ratio of 12.1%, you can see just how financially stretched Rite Aid is.
RAD Debt to Assets (Quarterly) Chart
RAD Debt to Assets (Quarterly) data by YCharts.
Looking at it another way, if Rite Aid liquidated all its existing assets, including cash and inventory, it still could not cover the amount it owes in long-term debt.
From 01/16 to Today
LPI $9.01 - $9.81 = .80
EGY $5.21 - $5.54 = .33
AREX $5.99 - $6.27 = .26
NOG $6.38 - $6.28 = (.10)
SN $9.88 - $11.14 = 1.26
CPE $5.37 = $5.45 = .07
EPE $9.26 = $10.35 = 1.09
Only one out of 7 in the red and with Oil having several BAD days just to not lose money is a WIN. Friday Oil really turned up over $3.00 interday the reason was the RIG count came in with many more rigs offline then expected for the month. This could be the bottom and the turn around. Most experts are projecting Oil at $70 by the end of this year. Of the 7 stocks I think I'll add more SN and EPE this week but overall I'am very happy with all 7 stocks that were flat at the worst while Oil was down. I also check my "long list of OIL", and not all of them are green on days when those 7 I hold are all green. What is nice is many times when my non-oil stocks are down the Oil stocks are up and it works the other way around leaving you with dry power to invest in what is down for the day. Good Luck, Hope somebody can use the information. Look for that possible Oil uptrend after the lower RIG COUNT.
One thing that is NOT GOING DOWN is the interest on their 5.85B dollar DEBT !
I have been investing for more than 50 years and companies with 2B more in Liabilities vs Assets on the Balance sheet don't make it. I ran a stock screen in my Zacks account on negative book values up to (-1.84) and there were only 112 companies out of more than 25K stocks than had a neg 1 to $1.84 and only 425 companies with ANY NEG. VALUE. Book value is not a direct Liabil. vs Assets comparison but it's in the ballpark.
If anybody wants to chime in on why I'am wrong please do. For those with small minds that their only comeback is name calling and insults, don't waste our time..
Buying as much oil stocks as I can get my hands on. Bought NBL @ $42, UCO @ $7.10, SD @ $1.45 and a few more.
You like OIL so Do I . I spent days and nights going thru 450 oil stocks. Check these with the best returns first, SN, EPE, NOG, EGY, CPE, LPI, and AREX ! They are all under $11 but it wasn't design that way, the higher priced ones just didn't make the CUT. Let me know what you think.
Well here we are the end of January and I'am still LONG !
I had a sell order in the last 5 days but no luck. In the past, the only way a stock that I hold goes up is if I sell it, then within 24 hours the stock will spike and go up the next 5 days, have 3 upgrades, sign 2 contracts and be in the Top 10 Gainers for the day ! I'll be glad to take any and all BIDS to get me to sell and lift the great black cloud over RAD. Take the next 2 days to think about it ! Good Luck Longs !
u wouldnt say that to me in person little feller. 21 year old investor that knows his s#@$ more then you
Oh you're a big man ! Grow up !
Just couldnt pass up on 2gs @7.16 :)
Why would anybody care how many shares you were buying for how much money you spend. Just the fact that you were buying is all that matters. Good Luck !
Stock Trend Analysis Report
Prepared for you on Friday, January 30, 2015.
RITE AID (NYSE:RAD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
Out of your mind, you are clearly arrogant and clearly an idiot
And you are WEAK and have no argument if name calling and insults is ALL YOU CAN DO !
YES I WRITE THEM A CHECK EVERY YEAR !!
As with any research firm you get what you pay for nothing is free. ZACKS is an INDEPENDANT RESEARCH firm they do not hold, sell, buy, or promote any stock they are funded by private investors and their only interest is SERVING those investors. They save me a ton of time and allow me to START my DD on their research to see if I agree with them and many times I don't. ZACKS is not always right but they are MOST of the time. It's a small cost to me for what I get out of them ! They do get paid to promote OTHER research Firms or Analysts but NEVER from a stock.
The people that trash Zacks are the so called investors than don't want to hear anything negative about their stock. The good investors look for the negatives that are just, or more important, than the positives.
I really believe rad will pullback in the 6's. Maybe rad should be sold and bought later.
Well when you have a DOWN day on heavy volume when the DOW is up 225 pts and the NAS is up 45 pts and the Nasdaq site shows that institutional funds are selling far more than they are buying and the number of "shorts" have increased from last month I would think the trend is lower for the short term at least. I agree with you but you never know I could be wrong just that i'am seeing a lot of red flags.
Half of them are baseless and even of one wins, you won't see more than $100.
I guess you have never been thur these lawsuits. In my experience you can get far more than $100 it depends on how much stock you had during the dates in question and sometimes it's more than one time period. It does take a long time. By the time I got the check I had forgot about it on a couple of the suits. I think most people don't take to time to lookup the trades and file the paperwork back to the law firm so there is more money to divide with fewer people and you get a bigger check. The people that think these lawsuits are a joke are in for a surprise. If it was just a few law firms I could see it not reaching the court but with more than 12 firms they smell blood. They don't work for free.
This was just posted on my ZACKS account. Can't give a link you have to have an account.
Jan 29, 2015 (SmarTrend(R) News Watch via COMTEX) -- Rite Aid (NYSE:RAD) traded in a range yesterday that spanned from a low of $7.06 to a high of $7.47. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $7.39 on volume of 23.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend recommended that subscribers consider buying shares of Rite Aid on December 8th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $5.67. Since that recommendation, shares of Rite Aid have risen 30.9%. We continue to monitor RAD for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Last sentence sounds like they are not sure.
You do realize those are all option exercises, right?
No they are NOT OPTIONS They are OPEN MARKET Buys and Sells and labeled as such.