Today is the day that will be more important for RAD then yesterday was. Today we find out the true direction of RAD for the rest of the year. Will we see DOWNGRADES that will kill the stock PPS or will people continue to drink the kool-aid and hold on to a stock that is going nowhere in the near future as the numbers show.
My guess is back to the 7's and a net loss for the last 52 wks. Worked out OK for me as I posted BEFORE it happen I sold more then half the day before earnings and the rest the day of earning for a small loss but more than I paid for the shares. I knew the risk would be low the day of earnings but even I didn't think the report would be that bad. I posted GUIDANCE would be bad and it was but with 3 down grades in estimated earnings I didn't think that they wouldn't even meet that. If we see Downgrades today the stock is really dead.
The FACTS are SWHC BEAT EARNINGS 0.45 vs 0.35est.big time, This is a done deal.
The FACTS are SWHC BEAT REVENUE 181M vs. 175est. big time, This is a done deal.
The PPS drops on the guidance which is a guess, low ball estimate to beat, is not a recorded history of a FACT that is NOT A DONE DEAL.
I don't get the LOGIC or COMMON SENSE of the analysts. Can anybody help me ? They think like a Women !
Sometimes after hours trading doesn't reflect the total rise or fall of a stock very accurately
I have seen that before, both afterhours and pre-market were down then when the big boys started trading after 1000hrs the stock would take off.
Because a communist charlatan occupies the Oval Office, that's why.
I'am with you ! He is a very EVIL PERSON !
SWHC Beats EARNINGS AND REVENUE, not even close and the PPS is down over a buck. This isn't the first time. Seems SWHC gets no love but a stock like Rite Aid misses everything today and lowers guidance and it only drops a quarter . SWHC never gets any love.
Should see downgrades tomorrow . Market could pullback after todays run and upgrades for RAD are out of the question with the earnings miss and lower guidance. Rad may see 7's tomorrow.
Who gets to buy the $12 shares - how do I get in line?
Those shares are offered at a discount to the market for their best customers not on the open market. The shares usually can't be resold for a period of time. You need to call your broker but most of those shares were committed to a buyer before they were released for sale.
Sometimes after the offering is closed the PPS will dip lower then the offered price for a short term.
Just got the news of the bad earnings. Glad I sold half yesterday but because the bar had been set so low I expected the risk to be low and I was right as I sold the rest of my shares with a small loss today but a small gain from where I paid for them. This stock is dead . As I said yesterday this week will be the high for the year and GUIDANCE would be down and it was lowered today. Cramer was right the stock should have "a handle of 7" as he called it. DEAD MONEY. Good Luck !
Note: The bleeding will continue until the volume slows to normal daily volume.
own considerable amount of Rite Aid as well but don't want to let it go. I expect both companies to "hit."
I hope you're right but I don't trust Rite Aid that's why I sold some of them to buy SWHC. If we get a "sell on the news" for SWHC I already got the ramp up with RAD with that money I put in SWHC so it doesn't matter.
Yesterday I got blind sided on a great stock SPCB after the close they filed for a stock offering so today the stock will take a hit. You might want to check it out if you're interested.
The Company may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions or businesses that complement its business,
Many of the SEC filings are recorded but the amounts are not filled in. My guess is they are in the middle of something that they don't know the total of but they want to get their ducks in a row for when they pull the trigger.
At least it seems they have a plan to go after something not just raising cash to run the company..
Make the shareholders pay for it ! Didn't we just have this Dance ? Did MGMT ever hear of a BANK ! Everybody will pay up tomorrow as the PPS ALWAYS GOES DOWN after an offering but MGMT doesn't care, just bring them the money. Start the presses. Print those shares !
I love this company until they pull stunts like this. To late to get out now.
I think as long has this president is in office the need for guns will grow ! I intent to visit the local gun shop but I need be educated. The last gun I used was the M1 Carbine in the Air Force, (ours), and I just turn 17. The M16's were out but they all were shipped overseas to combat areas.
I don't need to lock the new ones up since my 2 Labs, black and yellow don't know how to shoot............yet !
Anyone else feeling optimistic about this stock? Come on, let's have some discussion!!
I just started a position today but I have held SWHC for many years and know it well. The downside to this stock is the heavy "short" positions and the truth that people don't like GUN stocks. They would blow away earnings and the PPS would fall for the short term. I stoled the funds to buy SWHC from half my RiteAid (RAD), stock who has earnings the same day. Hope one of them hits.
The beauty of the message board is all I have to do is review supwerbowl6wins posts to see what his motives are.
My motives are I am long time retired from Xerox and stocks are my passion. I work on them day and night, it's all a game to me. I am always looking to learn and their are always smart,civil, investors that share their knowledge with others then there are always the jerks that all they want to do is pick a fight with someone that doesn't agree with them. It's always personal and has NOTHING to do with the stock. I NEVER use the ignore on anyone civil and I want to hear from those that DON'T agree with me to see if there is something I missed. Good Luck !
Why would you sell today?
Well they are selling that's why we are in the RED. Those that don't trade on EMOTION know their are just about has many negatives as postives for RAD. Looking back on my 45 years of investing I can't remember a stock in the red just before earnings that had a good report. I already dumped half of my stock this morning and if the stock is in the red after the FED minutes (1400hrs), I'll sell the rest at what I can get.
Looks like more than a quarter of the daily volume in the first hour of trades. Seems Buyers trades equal Sellers trades. For those that think every trade has a buyer and a seller, Buy trades are at the ASK price and Sell trades are at the BID price. Bottom line with high volume and no PPS movement. Just as many people are getting out as getting in and earnings release will be a #$%$ shoot.
your a short......i'm a long.....what else is there to say.....
Your Wrong AGAIN ! I am long and will be at the end of the day but with far fewer shares. So far this morning I can't get my limit SELL order @9.10 because a lot of other people are selling before earnings. I need the funds to increase my SWHC which is a far better company than RAD but I think the weak RAD will merge soon so I will keep some RAD.
It's always fun to try to call what will happen tomorrow after the earnings are released. Some posters think they will double the estimate earnings but last year in this quarter they did not beat the estimate at all. I think they will beat earnings and revenue but the guidance will be their down fall and after a PPS spike up it will fall. I have to deal with Smith and Wesson SWHC the same day so I will sell at least half my RAD and add to my SWHC which as huge profits but people don't like gun stocks. Hopefully if I miss any gains in RAD I will make them up in SWHC. Good Luck !
no bashing here......just the facts
Lets stick to the FACTS of the STOCK.
RULE ONE with me I NEVER insult other posters and you can check all my post till the cows come home, there is no need to be anything but civil. If you don't agreed tell me why and stick to the stock. Good Luck!