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 $RAD 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 $RAD 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.
