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: robert a belfer who wrote (633)	12/26/2001 3:14:54 PM
From: Marty Rubin	of 700

robert, i was looking from a different angel, ending up with your point ("profit taking"). the way i see it: back last year the bonds were trading for .25-.45 cents on the dollar. when they were converted, it was for the full price (in shares) or a premium (in cash, rather than shares). please double-check, and if my memory serves me correctly, even if shares were converted for $7.5 (i think it was lower), it has to be trading @ 3$ for break-even. selling anything above is a gain. it has been a long time (and many diff debt conversions/prices) so i don't remember all the details. but overall this one looks more like a gain than a loss. RAD: 4.24 + .25 (bid/ask: .24/.26), vol ~ 4.93m RAD Jan 5 Call: .15/.20 1,704

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next