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RAD - Rite Aid Corporation

Discussion in 'NYSE, NASDAQ, AMEX' started by Timbo, Jul 19, 2017.

  1. Timbo

    Timbo Active Member

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    Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through Retail Pharmacy and Pharmacy Services segments. The Retail Pharmacy segment sells prescription drugs; and a range of other merchandise, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. This segment also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides healthcare coaching and disease management services. The Pharmacy Services segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. This segment also performs prescription adjudication services for other PBMs; offers integrated mail-order and specialty and compounding pharmacy services; and provides infertility treatment, as well as drug benefits under the federal government's Medicare Part D program. As of June 20, 2017, the company operated approximately 4,500 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.
     
  2. Timbo

    Timbo Active Member

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    Been playing this one a lot lately, call options and flipping the stock for the profit shares. One of my newest contrarion plays and it's doing pretty good.
     
  3. Timbo

    Timbo Active Member

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    Decent pullback today on lower volume, feel like something is up, got 1 downgrade today, but with strong volume I believe it's going to breakout. Reckon we will find out tomorrow being options x-day.