Three Reasons Investors Should Sell Rite Aid (RAD)
The Motley Fool's Dave Mock wrote an article today on 3 Reasons to Sell Rite Aid Today.
The first reason given by Mock for investors to consider selling Rite Aid Corporation (NYSE: RAD) was that the drugstore chain consistently loses money.
The second reason provided was that same-store sales have fallen for 9 months in a row.
The third reason mentioned in the article is that ever since Rite Aid Corporation acquired Brooks Eckerd, it has been carrying a heavy debt load.
Lack of earnings, falling same-store sales and a large debt are three good reasons to sell or stay away from Rite Aid Corporation.
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Posted-In: Brooks Eckerd Dave Mock Motley Fool Rite Aid CorporationShort Ideas Media Trading Ideas