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Non-Tech : Rite-AID (RAD) Overdone or Done In? -- Ignore unavailable to you. Want to Upgrade?


To: Tatnic who wrote (372)11/20/1999 10:57:00 AM
From: bluejeans  Read Replies (2) | Respond to of 700
 
Investing? In my opinion, this is called gambling--pure and simple

He's long , your short, and I am on the sideline waiting for the dust to settle. Which of us is not gambling to a certain extent?<G>



To: Tatnic who wrote (372)11/20/1999 11:00:00 AM
From: Larry S.  Read Replies (2) | Respond to of 700
 
<<You have been warned by the company, don't ignore their warnings.>>
This is why the stock is 7 1/2. the price reflects the risk. What I don't understand, is if you dislike the company so much, which is your perogative, why are you spending so much time and energy blasting those who wish to INVEST in it?
I consider RAD a high risk investment at this time, with the potential for high rewards. gambling is putting it all on Ohio State today. ggg. Larry



To: Tatnic who wrote (372)12/7/1999 7:33:00 AM
From: Larry S.  Read Replies (1) | Respond to of 700
 
Well CC: On November 20th I wrote:>>>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<<<

You responded: <<Investing? In my opinion, this is called gambling--pure and simple. You have been warned by the company, don't ignore their warnings.>>

RAD yesterday made some huge moves to stabilize the company and begin the long process of rebuilding shareholder value. I am now up 53% on my entry of 7 1/2. This is called investing. Hope you covered your shorts if you were short. Larry