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Author: bearwhizbeer Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3186  
Subject: Re: Is this company Dead? Date: 8/10/2010 5:26 PM
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Yesterday's pop becomes today's ... what's the opposite of pop?

Anywho, I don't know who I expect to buy the company. Here in San Francisco, Walgreen's assumed control of all the Rite-Aid stores. One result is that in a two block area, there are three huge Walgreen's, and at least five in four block area.

The land is worth something, the buildings are worth something, the business infrastructure has to be worth something. Since it's not a loss until I sell, I hate selling at a loss. My RAD investment represents about 2% of the Vast Family Fortune, so I can afford to sit on it and ride it out. And if I lose the whole nine yards, well, at this point, the whole nine yards is only a couple of inches, so we're looking at small beer.
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