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VisualMod t1_iyaaweg wrote

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VisualMod t1_iyaaxe4 wrote

>I'm not familiar with the specifics of Rite Aid's stock, but it does appear that short selling activity has been unusually high in recent years. If this is due to manipulation by a large agency or institutions attempting to keep prices low, then I would suggest doing more research into who may be behind these activities and what their motivations might be.

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wallstreetbets-ModTeam t1_iyabca6 wrote

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nysc3141 t1_iyabt4y wrote

Imagine being so dumb you only look at short float, McDonald's made 2 billion, rite aid lost 325 million.

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HashtagHodl t1_iyac79h wrote

There’s no value in a company that loses money every year. It’s a wonder they haven’t filed for bankruptcy.

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Cardano_ADA OP t1_iyacho6 wrote

Replying to nysc3141 (#781,420)

and what do you think will happen when rite aid shows a profit? which will happen wether you like it or not…CEO is making positive changes and cutting off the parts of the company that are dragging down profits..

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nysc3141 t1_iyad682 wrote

Replying to Cardano_ADA (#781,583)

You think they are going to show a profit, they can only reverse split so many times before they are delisted, which will happen before they show a profit. That is why they are shorted.

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