WhiteWonder 2,798 Posted June 29, 2017 WALGREEN AND RITE AID HAVE SCRAPPED THEIR MERGER. WALGREEN TO BUY SOME RITE AID STORES. SELL or hold and hope that this turns into a backdoor type merger where walgreens ends up buying all rite aid stores over time. I would lean toward selling Share this post Link to post Share on other sites
iam90sbaby 2,646 Posted June 29, 2017 WALGREEN AND RITE AID HAVE SCRAPPED THEIR MERGER. WALGREEN TO BUY SOME RITE AID STORES. SELL I think I'm going to stay in. Turn this into a 4-5 year investment and throw some more money at it. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 29, 2017 I would probably wait for a bounce off the initial sell off and then get out Share this post Link to post Share on other sites
mmmmm...beer 809 Posted June 29, 2017 We taking a beating now Share this post Link to post Share on other sites
Mookz 1,356 Posted June 29, 2017 Ouch, Rite Aid down to $2.99 now. Need that Amazon rumor mill to get going. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 29, 2017 Basically walgreens and rite aid decided to skirt the FTC by doing a partial sale rather than a merge. I suppose amazon could still be in play, Mookz but I think right now rite aid probably isn't looking at any mergers. They are going to use the 5.7 billion from the sale to pay down debt Share this post Link to post Share on other sites
Mookz 1,356 Posted June 29, 2017 Basically walgreens and rite aid decided to skirt the FTC by doing a partial sale rather than a merge. I suppose amazon could still be in play, Mookz but I think right now rite aid probably isn't looking at any mergers. They are going to use the 5.7 billion from the sale to pay down debt That sounds like the least sexy result possible. It might help RAD in the long run, but all anyone hears is MERGER CANCELLED, and it's sell, sell, sell! Looks like Fred's is tanking too. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 29, 2017 Freds got the most because they got nothing out of the deal. Rite aid at least got cash for their locations and could still take other aquisition offers Like I said when I mentioned RAD. It was either going to double or if no merger likely not fall too far below 3. Share this post Link to post Share on other sites
iam90sbaby 2,646 Posted June 29, 2017 Freds got ###### the most because they got nothing out of the deal. Rite aid at least got cash for their locations and could still take other aquisition offers Like I said when I mentioned RAD. It was either going to double or if no merger likely not fall too far below 3. <=3 for the third biggest pharmacy in the US is still a good long term play to me. I'm really leaning towards staying in. Share this post Link to post Share on other sites
Frozenbeernuts 2,276 Posted June 29, 2017 This is a fun gambling thread 1 Share this post Link to post Share on other sites
iam90sbaby 2,646 Posted June 29, 2017 This is a fun gambling thread Shut up and grab me a beer. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 29, 2017 This is a fun gambling thread The stock market is educated gambling. No need to point that out. Common knowledge Share this post Link to post Share on other sites
vuduchile 1,945 Posted June 29, 2017 With that news Rite Aid appears headed for a slow death. It was worth a shot I guess. Share this post Link to post Share on other sites
Mookz 1,356 Posted June 29, 2017 With that news Rite Aid appears headed for a slow death. It was worth a shot I guess. $2.78 Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 29, 2017 All it takes in one. Keep swinging. Share this post Link to post Share on other sites
Hardcore troubadour 15,534 Posted June 29, 2017 This is a fun gambling thread You knew there was going to be a punk that came in here and talked shite after the fact. This guy did not surprise. Share this post Link to post Share on other sites
Frozenbeernuts 2,276 Posted June 29, 2017 You knew there was going to be a punk that came in here and talked shite after the fact. This guy did not surprise. Uhh.. I did not mean it in a Haha You lost! type way... it was just a small joke. For someone who bases his entire life on internet aliases built on complete lies, you do take things too literal Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 30, 2017 Making money on stocks isn't as easy as it is now. Prior to the tech bubble, it was this easy. I've lived through 3 corrections and the 4th is coming. I advise clients to use a core and explore approach with their portfolio. I caution when making money seems this easy. Moving more into "explore" type investments can become enticing. You smart. Before 90's baby was a twinkle in his dads eye day trading was big. 90 plus percent or all day traders LOST. Just want to warn those who also are involved. Carry on. https://finance.yahoo.com/news/don-t-chase-rite-aid-152445830.html Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 30, 2017 https://finance.yahoo.com/news/don-t-chase-rite-aid-152445830.html I'm not agreeing or disagreeing with you about rite aid. As I stated I didn't buy any shares. This was a topic to share trade ideas and there really is nothing an one can post to disprove the mentioned idea behind buying rite aid at the time. It was clearly stated this was a possible double up or possibly no deal. FTC could have shot it down even without their change of direction to sell stores rather than merge. ...but are you seriously linking that type if article? You realize most of those, wether with a positive or negative outlook are written for a reason right? ESPECIALLY when they are on yahoo finance. I sincerely hope you don't really have clients and I sincerely hope you dn't advise based on yahoo finance Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 30, 2017 Just to toot my own horn AMD up 30% since I bought my most recent block of shares I'm always willing to share but I'm a big risk guy. One I've been really contemplating is Rite Aid (RAD). Struggling 3rd biggest pharmacy chain. Walgreens is trying to buy it out. The FTC is trying to block the deal because it would merge the #2 and #3 players and they would surpass #1 (CVS). Basically anti monopoly issues. The buyout price on the table from Walgreen is 6.50-7.00 per share which is about 125% above rite aids current stock price. The risk is that the deal falls through although rite aid stock has been down so badly and the current price may already reflect sentiment of no buyout. Any others? Share this post Link to post Share on other sites
Mookz 1,356 Posted June 30, 2017 https://finance.yahoo.com/news/don-t-chase-rite-aid-152445830.html Drown in a puddle of Rite Aids Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 30, 2017 Drown in a puddle of Rite Aids I hope for everyone it pays off. There are merger and acquisition boutique funds and etf's that don't get them right every time. Share this post Link to post Share on other sites
Mookz 1,356 Posted June 30, 2017 I hope for everyone it pays off. There are merger and acquisition boutique funds and etf's that don't get them right every time. I didn't put much $$$ in this one, so I'm going down with the ship. Share this post Link to post Share on other sites
iam90sbaby 2,646 Posted June 30, 2017 I didn't put much $$$ in this one, so I'm going down with the ship. I'm staying in. Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 30, 2017 I'm staying in. How much skin? Share this post Link to post Share on other sites
Mookz 1,356 Posted June 30, 2017 I'm staying in. How much skin? It moved. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 30, 2017 Any others? If you don't mind me asking what are you trying to prove or say by the quotes in your post? What did I say about Rite Aid that was not true? I bought my most recent block of AMD shares at 10.17 and I own shares in the low 7s as well.... I'm failing to see your point. Sorry 1 Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted June 30, 2017 It's also funny though also predictable that "alias detective" doesn't have anything to say when RAD was up 25+% or when AMD was at 14.50 (more than 30% return on my last buy in) but has plenty to say post Rite Aid sale and now that all of tech has been doing poorly, especially semi conductors over the last week and have given back some gains. Almost as if the stock market doesn't have ups and downs..... 1 Share this post Link to post Share on other sites
Alias Detective 1,417 Posted June 30, 2017 If you don't mind me asking what are you trying to prove or say by the quotes in your post? What did I say about Rite Aid that was not true? I bought my most recent block of AMD shares at 10.17 and I own shares in the low 7s as well.... I'm failing to see your point. Sorry It's also funny though also predictable that "alias detective" doesn't have anything to say when RAD was up 25+% or when AMD was at 14.50 (more than 30% return on my last buy in) but has plenty to say post Rite Aid sale and now that all of tech has been doing poorly, especially semi conductors over the last week and have given back some gains. Almost as if the stock market doesn't have ups and downs..... Have fun. I hope you all hit it big. As always, don't speculate with more than can afford to be lost. Share this post Link to post Share on other sites
tubby_mcgee 701 Posted June 30, 2017 I'm buying more WLL on Monday, FYI. Share this post Link to post Share on other sites
joneo 558 Posted June 30, 2017 I'm buying more WLL on Monday, FYI. Why do you consider this stock a good one? Share this post Link to post Share on other sites
Frozenbeernuts 2,276 Posted June 30, 2017 Why do you consider this stock a good one? Yahoo finance, duh Share this post Link to post Share on other sites
Mookz 1,356 Posted June 30, 2017 Been keeping an eye on that one since tubby dumped five years' worth of my salary into it. Nothing much yet but it's definitely due. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted July 1, 2017 Alias detective will be around of WLL goes down Share this post Link to post Share on other sites
Alias Detective 1,417 Posted July 1, 2017 Alias detective will be around of WLL goes down I actually like the play. the upside far outweighs the minimal downside with WLL. I like it is a shorter term play. 12 months approx. I put it out there for criticism. Time will tell. Share this post Link to post Share on other sites
tubby_mcgee 701 Posted July 1, 2017 Why do you consider this stock a good one? A.) My best friend is an Edward Jones rep. He is "highly suggesting" buying it. He has highly suggested about 6 stocks over the years. Baidu...(chinese google or whatever). I bought Baidu (no idea how much) at about 85 and sold at like 93. It focking went crazy after that. Citibank, Cat, Tesoro, Cliffs. I made money on all of them. Not a ton because I didn't spend a ton. Cliffs has since fallen flat, the rest are way higher than what I sold at. I owned Tesoro (TSO) at 10.85 back in about 2008 after the crash. I sold at 15 I think. It's focking insane now. B.) Oil. It isn't going to stay low forever. Its a commodity. Look at the charts on WLL. When oil comes back ,it will come back. I bought 30k at 6.40...and it was around 13 for a while. (this was in the past 8 months I think). I "should" have sold and made 30k. But didn't. It fell to 5 and change here last week. So I put in more $. I am averaged in at about 5.95 I think, so still losing money. Its a "risk" but, It's one I'm willing to take. Today at about 4:30, I texted him and said I'm getting more on Monday or whatever day the market is open next. http://oilprice.com/ With my luck, the one that I actually try to make some decent money with, will be the one I lose my ass with. Oh...and I've tried penny stocks. I've never made money with them. I've been "up" and didn't sell, and they crashed, and I broke even or lost. Two of them that come to mind: Hop-On. They were gonna have the first "disposable" cell phone. I bought at .02. It got up to .18...and I didn't sell....(had visions of selling then it going into the "dollar" range). I was up 9k at one point. Ended up breaking even. Spongetech: They had some cool sponge. lol. Got a contract with SpongeBob (got to use logo, etc). I was up like 5k, ended up selling and losing $1500. Some of it is still sitting in my Ameritrade account. I can't delete it, can't sell it, can't do anything. The owners of SpongeTech ended up going to prison I think. Share this post Link to post Share on other sites
Alias Detective 1,417 Posted July 1, 2017 http://fortune.com/2017/06/29/bitcoin-ethereum-price-buy-michael-novogratz/ Sorry WW if the link isn't worthwhile to you. Maybe to others it could be relevant. Share this post Link to post Share on other sites
WhiteWonder 2,798 Posted July 1, 2017 http://fortune.com/2017/06/29/bitcoin-ethereum-price-buy-michael-novogratz/ Sorry WW if the link isn't worthwhile to you. Maybe to others it could be relevant. Honestly, I just didn't understand the point of you coming into a thread where people are bouncing investment ideas off each other and playing the "ha-ha, its down" game, after the fact. Anyone who actually pay attention to the markets or claims to work as an advisor knows there are up days and down days for stocks and sectors in general... Then, quoting me from previous posts as if to say I have been wrong when everything of mine that you actually quoted is spot on. I'm not the kind of person who needs to be right all the time or claims to be but when it comes to the two stocks I have mentioned in this thread, AMD is up since my mention and my own personal buy and RAD had two scenarios.... merge or not, which I clearly stated. Some people felt a double up was worth the gamble (I agreed, just missed my buy price) considering the low PPS. I don't mind the linking of articles. Information helps us all. What I don't like... you might say loathe, is when people link articles from WSJ, thestreet, investopedia, etc etc off of yahoo finance because anyone who follows yahoo finance on any given stock will see the multitude of both positive and negative articles, each with their own spin based on their own paid agenda. AMD is a perfect example. It's very easy to see which publications either have positions in AMD or NVidia or are being paid to promote a certain position. "WHY AMD IS POISED TO SKYROCKET", "NVIDIA SPELLS TROUBLE FOR AMD WITH NEW CRYPO CURRENCY MINING CHIP" ..... its just white noise. Proper due diligence is all that matters. Share this post Link to post Share on other sites
Alias Detective 1,417 Posted July 1, 2017 Honestly, I just didn't understand the point of you coming into a thread where people are bouncing investment ideas off each other and playing the "ha-ha, its down" game, after the fact. Anyone who actually pay attention to the markets or claims to work as an advisor knows there are up days and down days for stocks and sectors in general... Then, quoting me from previous posts as if to say I have been wrong when everything of mine that you actually quoted is spot on. I'm not the kind of person who needs to be right all the time or claims to be but when it comes to the two stocks I have mentioned in this thread, AMD is up since my mention and my own personal buy and RAD had two scenarios.... merge or not, which I clearly stated. Some people felt a double up was worth the gamble (I agreed, just missed my buy price) considering the low PPS. I don't mind the linking of articles. Information helps us all. What I don't like... you might say loathe, is when people link articles from WSJ, thestreet, investopedia, etc etc off of yahoo finance because anyone who follows yahoo finance on any given stock will see the multitude of both positive and negative articles, each with their own spin based on their own paid agenda. AMD is a perfect example. It's very easy to see which publications either have positions in AMD or NVidia or are being paid to promote a certain position. "WHY AMD IS POISED TO SKYROCKET", "NVIDIA SPELLS TROUBLE FOR AMD WITH NEW CRYPO CURRENCY MINING CHIP" ..... its just white noise. Proper due diligence is all that matters. Here it is in a nutshell. When Mmmmbeer jumped in on the tips I realized other people, not just posters in the thread, were taking action. I began warning that day\speculative trading is a huge risk. A risk far greater than any 457, 401k, or 403b plan. I just wanted to be sure everyone knew making money, so quickly, in the stock market isn't so common. Otherwise you, me, or anyone else on this bored, including 90's baby, wouldn't have to work a day joy. Neither would Tubby or his broker at Ed Jones. I apologize. Share this post Link to post Share on other sites
mmmmm...beer 809 Posted July 1, 2017 Here it is in a nutshell. When Mmmmbeer jumped in on the tips I realized other people, not just posters in the thread, were taking action. I began warning that day\speculative trading is a huge risk. A risk far greater than any 457, 401k, or 403b plan. I just wanted to be sure everyone knew making money, so quickly, in the stock market isn't so common. Otherwise you, me, or anyone else on this bored, including 90's baby, wouldn't have to work a day joy. Neither would Tubby or his broker at Ed Jones. I apologize. I made a list! He's just looking out for me... preciate! 1 Share this post Link to post Share on other sites