$RAD sucks
Boy was my February buy call off....
This is what happens when you don't take into account the fundamentals, but also try to catch the bottom without waiting for signs of a reversal. I'm expecting RRAD to come all the way down to $3.39 (another ~50% loss) before we see signs of a reversal.
***Message to the SEC and Rite Aid's executives managing this consolidation: It should be illegal to do a reverse split just to stay listed and NOT pump. Rite Aid's executives suck.
This is what happens when you don't take into account the fundamentals, but also try to catch the bottom without waiting for signs of a reversal. I'm expecting RRAD to come all the way down to $3.39 (another ~50% loss) before we see signs of a reversal.
***Message to the SEC and Rite Aid's executives managing this consolidation: It should be illegal to do a reverse split just to stay listed and NOT pump. Rite Aid's executives suck.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.