only $82,156,000 to buy all the 54.05M(according to WSJ) public shares of the most undervalued company on the listing right now. I'm finna go buy a stupid power ball ticket.
RAD will be the biggest pharmacy in 5-10 yrs after teaming up with AMZN last month.
They also have a market cap of 86.9M(according to rhood) and they're currently valued at $1.52 each. Once they get their debt taken care of and get all the legalities of sending scripts to peoples doors everywhere AMZN delivers, I dont think anyone will care to get their medicine anywhere else.
Everyone always says to bet on a company thats going bankrupt, and I don't believe all the news about RAD could get any worse. I think the shares have hit the rock bottom. And with the recent Q1FY24 exceeding expectations by 50% I feel like their new CEO has them on the right track.
I know where my long monies are going.
[link] [comments] https://www.reddit.com/r/stocks/comments/14ncj0z/put_it_all_on_rad/
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