RUMOR OF RITE AID BUYOUT BY WALGREENS BOOTS $WBA $RAD
This post was just published on ZYX Buy Change Alert.
WBA is long from $29.60 and is trading at $93.73 as of this writing.
WBA is also a Top-Ten position. Many subscribers accumulate 100% of top-Ten positions.
An additional trade around position on WBA, separate distinct from the long-term position, was recently closed with nice profits.
RAD is long from $4.96. As of this writing RAD is trading at $8.42. Very recently we gave another buy signal on RAD. Please see:
TWO UGLY CHARTS MAKE BARGAINS FOR LONG-TERM INVESTORS
There are rumors that WBA is close to buying RAD.
In addition to impact of a buyout on WBA and RAD, there will be a number of other winners and losers if the buyout takes place.… Please click here or the title below to read more.