Before you all think I'm crazy, let me be clear and say I DO have a plan and have for a while.

Adding to existing position here with earnings coming up on the 25th and the price down. Will most likely close the entire position at or around earnings date and let the chips fall as they may. Have an interim limit order for this batch should the price spike up unexpectedly.

I have shares of RAD too.  I really do not know why they are so low.  I know they remodeled stores and also bought some stores, but they are real and should be higher than $1.

I think they should break to about $4-5 in the next 6 months.  What do you think.

Thanks,

Jerry

I hold several batches of this stock, but it would seem they should be higher than they are. The one thing that sticks in everyone's craw is the debt notes. They incurred a lot of debt relating to the purchase of the Brooks and Eckerd stores and even by my positive attitude they seem to have botched up the process of bringing it all together, although progress is being made and same store sales on both sides seem to be steady or gaining.

A while back CEO Mary purchased a large chunk of shares at about 1.15 or so I believe. Even if this was a ploy to prop up the stock, she still holds the stock which means the management believes it will go up at some point. Earnings are coming up and if the price stays low, there should be a swing up towards earnings on the 25th at which point I can get out with some profit.

I may hold the batches purchased at higher levels for a long term play, but depends on what the report says. About two thirds of my position could be sold around 1.40 for a decent profit. These guys should be at least a $3.00 value, even with the debt, but up is down and left is right and all that right now so who knows. Just my two cents and you need to decide what's right for your own situation.