$RAD @scrots Now if I were the CEO of Rite Aid, I would do what she appears to be doing: 1. Immediate, heavy cost reduction to bring the company back to profitability. 2. Long term deals and plans to increase revenues. The first effort appears to be well underway, she is looking for savings wherever she can, and she is looking for the biggest savings she can find. The second effort remains unknown to us, but we can guess it’s health plan related from her comments at the call. The stock price between now and earnings is best ignored. Unless surprise news happens, it will seesaw back and forth around where it is right now. So try to stop worrying, focus on the future and do your best to remain optimistic. Your long wait might be coming to its conclusion, but take care not to stumble at the very end.
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