Thursday, September 24, 2009
Rite Aid
After selling ETFC, I have now moved the $500+gains ($523 to be exact) into RAD at $1.7 per share. I thought about getting back into ETFC since it's now back to where I bought it last time, but from my observation, it could ride down as low as $1.4 before climbing back. RiteAid looks to be similar in pattern, but this is my take for now. Reason? It's been dropping consecutively since September 17, time to surge back should be around the corner. Potentially 15% move upward or 10% downward.
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