Rite-AID (RAD) Overdone or Done In? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Rite-AID (RAD) Overdone or Done In?

RAD 0.648

0.0%

Oct 16 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Marty Rubin who wrote (631)	12/26/2001 7:07:54 PM
From: Outer-limits	of 700

Your pegging of the low near the 26th looks pretty good. This year's low also corresponds to tax loss selling (by individuals), and the intention by some mutual funds to purge this stock from their books before year end (mutual funds tax loss selling ends October 31st.). So once again we have indeed seen tremendous tax loss selling in this issue, driving down the price to unsustainably low levels. Today's massive post Christmas buying proves we're heading higher next year. I'm putting all my clients into this issue in the morning. Good Luck!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next