BUYOUT RUMORS ON RITE AID $RAD $CVS $WAG $KR

This post was just published on ZYX Buy Change Alert.

RAD is long from an average of $4.96.  As of this writing RAD is trading at $8.26.  60% of the full core position size is being held.  Partial profits have been taken as high as $7.38.

There are buyout rumors on RAD.  Buyout of RAD by a larger company such as KR makes sense.  However, even without a buyout, the stock has good potential.

The buy zone is $6.33 to $7.37.  The target zone remains $11 to $12.40.  The very long-term target remains $14 to $16.

What To Do Now?

Those in the stock may continue to hold.

Those not in the stock may consider scaling in on dips into the buy zone.

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