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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