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RAD - Rite Aid

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 6, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Losing $5 support, its not looking pretty today
     
  2. StockJock-e

    StockJock-e Brew Master
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    You going to try find the bounce?
     
  3. User2897

    User2897 Member

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    As I said, I am all in and I cannot buy anymore.
     
  4. Timbo

    Timbo Active Member

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    I still have my 27 contracts at .42 a little over 1,200 bucks. Worthless LOL. They expire Mar 17th.. I look at them on my account every day. It helps remind me what gambling can do when it goes wrong. Paid my dues and became better at loss management. It also made me a trader instead of a investor. Instead of chasing the falling knife and getting slammed into the shark pit, let the sellers and shorts do their job " I"ll ride the short train with the flow to make a few bucks" once it finds established support then I jump in and ride it up. If it's a good quality stock that pays dividends I keep the profit in shares and recoup my cash for the next play. Much better than just buying some shares and hoping it recovers someday only to wake up deeper in the red everyday and being stranded.
     
  5. User2897

    User2897 Member

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    It is not going to be shorted forever. Sometime this week, there will be a gain.
     
  6. T0rm3nted

    T0rm3nted Moderator
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    Said every degenerate ever who watched their account shrink daily
     
  7. Timbo

    Timbo Active Member

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    Hopefully it's headed back your way.
     
  8. Onepoint272

    Onepoint272 Well-Known Member

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    It came into this trading range from strength. Supply did not pour into the market on the last decline; trading volume appears somewhat lower than the last time it came down into this price area in Oct 2014....not bearish....unless supply shows up.

    Weekly as of Thursdays close:
    upload_2017-3-17_2-59-18.png
     
  9. LloydWCoutee

    LloydWCoutee Active Member

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    Solid After Hours so far.
     
  10. Lonnie Ray

    Lonnie Ray Active Member

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    I'm starting to accumulate. If buyout is approved that's a double up.
     
  11. Charles Noble

    Charles Noble Well-Known Member

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    All signs as far as technicals point upwards here. Not sure what news will bring but I'm a buyer today.
     
  12. hitman

    hitman Active Member

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    tankaroo still happening be careful wait some more
     
  13. T0rm3nted

    T0rm3nted Moderator
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    I mentioned in the weekly thread that I might be playing this this week on a small gamble play, now I wish I would have got in at the open today! I was going to re-evaluate when I woke up today, but being on night shift I wasn't around until it was already up 13% today and I didn't want to chase it.

    upload_2017-6-26_18-49-51.png
     
  14. Lonnie Ray

    Lonnie Ray Active Member

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    Word is FTC has closed door meeting on Thursday on the merger. I hope it keeps rising until then. I may bail before just in case.
     
  15. Timbo

    Timbo Active Member

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    Didn't get in. Proud for the ones that did!!! Be careful and don't let greed become your enemy...:cool:
     
  16. T0rm3nted

    T0rm3nted Moderator
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    IF I had gotten in, I'd probably be selling some right now, more around $4.50-$5, and then dumping it all before earnings/merger announcements after the close Wednesday or Thursday (didn't look up to see when it actually is, just know it was mid-late week). Good luck to those who were lucky enough to get in!
     
    Timbo likes this.
  17. Lonnie Ray

    Lonnie Ray Active Member

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    Dodged a bullet. Sold yesterday. I did throw couple hundred on 10 call options that appear to be worthless.
     
  18. Timbo

    Timbo Active Member

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    SMART MOVE. Hope you made some bank..
     
  19. Ryan526

    Ryan526 Member

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    This fine lad sunk his entire IRA portfolio into RAD yesterday... Am I obligated to call 911 and notify the police of his highly likely suicide?

    [​IMG]
     
  20. Ryan526

    Ryan526 Member

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    The aftermath.....


    [​IMG]
     

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