RAD back to levels not seen in 40 years
- Thread starter nitro
- Start date
At least your losses will last longer than the lottery result
It's loaded up with debt, yet it has little tangible assets. The assets that they do have produce losses.
We'll see these guys in chapter 11 real soon. Not suprising to see that it's trading at the price of an option.
We'll see these guys in chapter 11 real soon. Not suprising to see that it's trading at the price of an option.
It is trading below book value:
http://finance.yahoo.com/q/ks?s=RAD
Tha analysts are split:
http://moneycentral.msn.com/investor/invsub/analyst/recomnd.asp?Symbol=RAD
These are horrible numbers:
http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=RAD
The one bad part is that there isn't a huge % of float short, which means no fuel to rally a short squeeze.
How many people are getting their needs from WMT? CVS and WAG are both also getting wacked:
http://finance.yahoo.com/echarts?s=WAG#symbol=WAG;range=1y
http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
nitro
Up +27%. But that is not why I am in this trade. I think it could easily go to $3, and then be bought out for $7.
Note that RAD is moving almost 1:1 with ES (SP mini future). That doesn't bode well for it in the short term, but this is a trade we hold unless the company gets in big trouble. If it decouples from ES, it probaly skyrockets to $2 in no time, or implodes.
Hold with patience, but watch price action closely.
nitro
Note that RAD is moving almost 1:1 with ES (SP mini future). That doesn't bode well for it in the short term, but this is a trade we hold unless the company gets in big trouble. If it decouples from ES, it probaly skyrockets to $2 in no time, or implodes.
Hold with patience, but watch price action closely.
nitro