Three Reasons Investors Should Sell Rite Aid (RAD)
March 12, 2010 12:23 PM
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.


























