Rite Aid Corporation
$0.06 (0.79%) Today
52 Week High
52 Week Low
7 Days Mentions
With RAD$ up nearly 40% it is only natural to pullback and fill the gap at 7$, literally blasted by it. With a Fair market value of 100$, and health only down 11% in this market, Rite Aid is looking like a solid hedge against this bearish economy.
Earnings tomorrow 6/23, if positive could be a catalyst for a potential squeeze. If not this is still a hugely undervalued play and the 1$ price target by D.B is laughable, they obviously have a substantial short position. GO RAD LONGS!!!Rite Aid to the Moon!! 🚀🚀🚀🚀
I called out 6 plays in the past 2 months all did between 40-100% gains with no volume or hype from the subs here.WHAT THE FUCK HAPPEN TO THE SQUEEZE SUBS?all bagholding ater and bbig?NOW we have a nee one $RAD another garbage they keep pumping🤡🤡
With a Float of Only 54 Million Shares, 35% Short & a $319m Market Cap, Rite Aid is a Slam Dunk. Join the Revolution & Our Squeeze Party on 5/31 & Watch RAD Take Flight, As the Hedgies Squirm For the Exits… #RADSTRONG 🦍🦍💪💪🚀🚀
Rising short interest,e commerce game is stepping up, and they are cash flow positive w the recent selling of unprofitable stores. The rocket for RAD takes off on the 31st. Join or stay broke. Rite Aid might be the straw to break the hedgies backs and finally trigger the MOASS.
RAD, a call to all apes, tired of all the market fuckery, join the club, Duesh Bank gave us a 1 dollar valuation,sound familiar,AMC, this is trading at all time lows and on 5/31 we Rite Aid Apes are taking a stand. 100 shares each to squeeze Mr. Hedgy and trigger the MOASS.
Rite Aid ( RAD $RAD ): Spear Point Capital Management and Its Data Valuation / Monetization Partner Silverback to Provide Details on Non-Binding Offer to Acquire Rite Aid in the First Data-Backed Leveraged Buyout During Webinar Scheduled for Thursday, April 28, 2022
Rite Aid ( RAD ) - $RAD earnings due out before the bell tomorrow, Thursday, April 14, 2022. Company had short interest of 31.84% at the start of April. Deutsche Bank issued a $1 price target last week increasing short volume and causing the price to tumble 20%. SHORT SQUEEZE if earnings are good.
SHORT SQUEEZE ALERT: Rite Aid ( RAD $RAD ) - Short Interest 17.2 million shares of a total of 55.78 million shares outstanding on April 1, 2022. Short % of float is 32.75%. Last week, George Hill of Deutsche Bank issued a $1 price target likely increasing short %. Earnings out Thursday, April 14
Remember GME was shorted over 100% for almost an entire year, it was heavily shorted well before March 2020 and only accelerated at that point. This is a concept for a lot of squeezes here that I believe is missing. A lot of times you will see a run from a gamma ramp here but no “real” squeeze because it’s all too easy to be happy with 100-200% gains and leave. I.E. leave someone else with the bag. GME, AMC, and CAR are currently the most prominent recent anomalies of actual squeezes I know of. The larger the following and the more determined and fervent the investors the more likely a true squeeze will occur. We frequently underestimate the time it takes to truly squeeze and the patience involved. Usually there is also a good turnaround story forming that builds with the squeeze. My bets for future “real squeezes” are on long term holds with huge followings and the occasional good news to keep investors coming back. We all become trained to check for the news, read the posts and become engaged, the more engaged we are, the more we are mentally and often monetarily invested. MMAT, BBIG, ATER, maybe even CEI. Think seriously big followings that remain on HTB lists and have unwavering support over long periods of time that seem to just float along maybe only slightly dipping slowly lower and lower until trading becomes mostly sideways and very slowly begins moving up. Might RDBX fall into this category, time will tell, same for REV and a lot of other tickers I genuinely like getting mentioned here. They need a better narrative than simply high HTB and SI at the moment to attract the greater demographic. RAD, ran on a good new positive narrative (earnings) and rumors, it has a moderate following and brand recognition that could position itself well for being another big contender.
I didn't capitalize on it last week because I only threw $200 at it but RAD could have done it pretty quickly last week. Jun 24 $7 calls were selling for $.10 on Wednesday while it was trading around $6.15. Was up to $8.80 on Friday at it's peak. Imagine how funny it would be to make bank on RAD
That's Price/Book ratio (which is Market Cap/Book Value) not Price/Earnings, dipshit. You wanted to talk about book value, so that's a tangible number that Redditors on this sub can use to decide whether or not they want to invest in RAD. You don't have to invest in it. As for the P/E, the average over the past 12 months is -.08 with a low of -3 in Febuary. I know exactly what the numbers are pal. You, on the other hand, haven't the slightest clue as to what the fuck you're talking about. Go troll somewhere else...
RAD's P/B Ratio is 3.4 as of 6/9/22. Anything below 3 would be considered acceptable for most value investors. The good news is, along with RAD's earnings beat on 6/23, which included a boost in their full-year guidance, they're also in the process of retiring $1.7b in senior debt, which has been killing their bottom line for years. In other words, the balance sheet will continue to improve in the months ahead & hopefully a buyout will ensue, as result of the current BOD's efforts...
Keep an eye on Rite Aid this week. The shorts have just been dealt another blow, as the margin requirements for RAD increased from 75 to 100%, late last week. You’re going to see some covering happening over the next few days, so stay tuned… 🚀🤑🦍💎🤲📈
Remarkably, with all of the momentum RAD has in its favor, including the buyout rumors cited in a recent Forbes article, SI is still over 25%. Keep an eye on RAD this week. The past 2 trading days have featured 2 million borrowed shares in the AM (4m total), on behalf of the hedgies, in order to slow down the bleeding. With a market cap of a little over $483m & a minuscule float of 55m shares & institutional ownership around the 70% mark, it's not going to take much to get a squeeze rolling here...
Rite Aid has been killing it over the past few weeks. The stock is up 85% since last month amidst swirling buyout rumors, they just beat analyst expectations on earnings yesterday & with 25% short interest, a squeeze is still very much a possibility. With more than one way to make money here, RAD is one to watch! 🤑📈
My theory proves right all the time. Asap I close my positions the stocks f\*\*\*\* moon. Look at RAD. Closed my positions yesterday early morning and since then it went on a vicious rally ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|8880)
Here is some info on $RAD earnings: Number of past releases: 22 Average absolute move : 17.45% +/- 15.56% => range of previous moves 1.9% to 33.01% Percentage of higher-than-expected moves: 63.64% Stock moved in same direction for 1.6 days on average on past releases. Stock reversed direction during day of release 61% of the time on past releases. [More here](https://earning-watcher.com/#/positions?symbol=RAD) Looks like the 7$ put is implying a -8% move I don't recommend directional bets on earnings as there's really no way of predicting a direction. Your best bet is on move bet when there is opportunity of expected or unexpected move.
SPY $372c 6/24 being I'm not some gey ber. KMX $75p because I'm not some idiot bul that doesn't recognize that shit isn't good out there. RAD $6.5c and tesla $450p 7/8 because my favorite color is a shade of mutha fukin' green.
Health is only down 13%,RAD$ has earnings coming up and is super undervalued IMO, at around 5 bucks Forbes just gave it an Attractive rating. Lots of potential for growth after getting rid of underperforming stores, definitely worth a look see
You wouldn't be the only one to think that...in fact I would be surprised if any of the actual hard investors think otherwise.... but this these thoughts have accompanied Bitcoin since its founding...yet its still here and has even had a decent base growth since its initial launch... but again there is no denying is a crazy risky asset, and the plethora of other cryptos that spawned along side bitcoin even more so.... at the very least when someone mentions crypto currency the word "Bitcoin" pops to mind....I have yet to hear someone reply with "oh yeah, you mean RAD coin right?"
RAD has $350 million in Free Cash Flow with 30% of their float shorted. With only 55 million shares outstanding. Their Market Cap is equal to their FCF. It's a no brainer. Not only that, but the buyout potential was listed in Forbes recently. Which is more likely coded.
Rite Aid (RAD) make a perfect Meme stock. With 30% shares shorted and only 55 million shares outstanding. The short manipulation is off the charts. Which tells just how scared and Trapped Shorts are. Institutional ownership is 72%. The math doesn't lie.
As many of you may or may not be aware, the Rite Aid short squeeze attempt yesterday was thwarted by the hedgies to the tune of approximately 800,000 borrowed shares & short volume over 70% for the trading day. This should be a clear sign to everyone that the hedgies will stop at nothing to suppress the price of RAD. It’s also evident that their fear is palpable, as to the sudden appreciation of the stock, before they can come up with a viable exit strategy for many of their oversubscribed short positions. The good news is, with buyout rumors swirling, there’s more than one way to make $ here. With 55m total shares, over 30% short interest & a market cap around $300m, as of today’s closing bell, the upcoming weeks opens up a world of opportunities for the RAD faithful & potential shareholders…
He bet GME would go down so months ago when GME was around 80 bucks I bet with him for a 20 buck Steamcard bought via Gamestop. Actually Im the bull here and he the bear. Since this is my only other derivative trade/bet except for RAD Call 22' for Oct 21 I might as well just bet it huh
The hedgies came prepared today & borrowed around 800,000 shares, which killed off any AM momentum. It felt like we were throwing buy orders up against a brick wall. I still feel like RAD is one of the best squeeze opportunities out there right now, but as a smaller sub, we’ll need significantly more firepower if we’re gonna mix it up with the hedgies again & have any success… 🥊
Every share shorted under $22 is a numerical loss to Shorts on average. I stand behind my math and I have been tracking RAD short interest against known price closings for 4yrs. Shorts have trapped since the 1 for 20 share reverse split done back 4yrs ago. This recent push down under $6 is Shorties trying to clear a 12 million RAD share Wall that has in place for 3 years now. Everytime they go to cover. RAD spikes up. The last time Shorts tried to cover RAD under just 10 million negative RAD shares. RAD spiked up to $32. This year alone Shorts added another 10 million shorted RAD shares. So anything you buy now takes away from Shorts average cover price needed just to break even. Right now that number is $15.
Buy calls if you’re so inclined, but most of us are buying shares outright & being that RAD closed @ $5.79 on Friday, it’s cheap enough to do so. Put & call interest doesn’t do anything to boost the share price until the options are actually exercised & we want volume right out of the gate. A tidal wave of buy orders in the AM, will trigger the hedgie algorithms that will hit the eject button on the shorts & send RAD soaring… 📈🚀
This should help. Rite Aid will be squeezing, starting tomorrow, 5/31, in the premarket hours. This buying event has been in the works for weeks, with multiple other social media platforms. With a float of only 54m shares, approximately 35% short & a market cap of $319m, RAD is primed for action. So get RADical & we hope to see all of you there…
📈Rite Aid will be squeezing tomorrow, 5/31, starting in the pre-market hours. The RADicals have mounted an offensive & we’re going to be having a squeeze party to liberate the float from the shorts. There are currently multiple social media platforms, including Reddit, that will be getting in on the act. The reasoning behind this decision is, it has a public float of only 54 million shares (9 million fewer than GME), approximately 35% of those shares are short & it has a market cap of $319 million. In addition, RAD’s share price is almost exactly where AMC & GME’s were when they took off & the RADicals are confident a similar squeeze situation is imminent. So we’ve all agreed to buy 100 shares or whatever you can afford & we will see all of you bright & early tomorrow morning, in the pre-market, to kick off the launch… 🦍🦧🦍🦧🗜🗜🚀🚀🚀🌙💰💰📈
📈Speaking of OG meme stocks previously in Cramer’s portfolio, Rite Aid will be squeezing tomorrow, 5/31, starting in the pre-market hours. The RADicals have mounted an offensive & we’re going to be having a squeeze party to liberate the float from the shorts. There are currently multiple social media platforms, including Reddit, that will be getting in on the act. The reasoning behind this decision is, it has a public float of only 54 million shares (9 million fewer than GME), approximately 35% of those shares are short & it has a market cap of $319 million. In addition, RAD’s share price is almost exactly where AMC & GME’s were when they took off & the RADicals are confident a similar squeeze situation is imminent. So we’ve all agreed to buy 100 shares or whatever you can afford & we will see all of you bright & early tomorrow morning, in the pre-market, to kick off the launch… 🦍🦧🦍🦧🗜🗜🚀🚀🚀🌙💰💰📈