An interesting trade in Rite Aid (RAD) is looming. Basically, Walgreens has committed to buying out Rite Aid at $9.00 a share by December 2016. However due to concerns about regulatory authorities disallowing the acquisition, the Rite Aid shares are trading at $8.12 and as low as $7 in August. Prior to the buyout offer Rite Aid was trading at above $6.00. So what’s the trade?, well if you wait until the share price retracts on weakness you may be able to pickup RAD for $7.5-7.75. and hold to sell at $9.00. However, if able to buy RAD at $7.5 to $7.75 and then sellRead More →