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: Tatnic who wrote (370)	11/20/1999 9:27:00 AM
From: Larry S.	Read Replies (1) of 700

CCC, you are certainly entitled to your opinion. All the news you stated is well in the stock already. A fund manager on CNBC said yesterday that he wouldn't own RAD on a bet. His perogative. I have a small position in RAD, am well aware of the risks, and feel the potential reward outweighs the risk. This is the nature of investing. I bot CD (Cendant) at 20 and added more at 8 and 10, when funds were abandoning it in droves because of "accounting irregularities". Stock is now 16 1/2, and traded back above 20. I am holding CD for an eventual move back to 30-40. RAD is a major drugstore chain with valuable assets in its existing perscription business, locations, and franchise. It may well go belly-up, or it may stabilize under Green's management, and either regain some luster or be sold. I am comfortable risking some money for a significant reward. This is called investing. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next