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Mike Stathis Successfully Predicts Another Bankruptcy: Rite Aid (RAD)

Several months ago during one of the Securities Analysis & Trading Webinar sessions, Mike stated with certainty that Rite Aid (RAD) was headed for bankruptcy.

Mike has accurately predicted the following bankruptcies: 

  • Eastman Kodak
  • Enron
  • Bombay Company
  • Circuit City
  • Bon Ton
  • Tuesday Morning
  • Steinmart
  • Radio Shack
  • Sears Holding Company
  • JC Penny
  • Bed, Bath & Beyond
  • Frontier Communications
  • Winstar Communications 
  • Many others

Mike previously announced he was preparing a case study pointing to the failure of the company for the purpose of pointing to essential principles of investment and business fundamentals.

He planned to present a detailed case study of Rite Aid's failure in the Boot Camp Series 3 or during one of the Securities Analysis & Trading Webinars. 

Although Rite Aid (RAD) has not yet officially filed for bankruptcy, management plans to file soon to avoid paying billions in damages and legal costs for the company's role in the opioid epidemic. 

Is it possible that management can structure a last-minute deal to avoid bankruptcy? 

The possibility does exist, but it's highly unlikely. 

Will Rite Aid survive if it is shielded from these opioid legal claims? 

Is it too late to short RAD?  

What's the risk-reward ratio of shorting RAD at this point? 

How did Mike know RAD would file for bankruptcy?

Mike plans to discuss the demise of Rite Aid (RAD), whether the company will ultimately survive, and whether it's too late to short RAD during Session 17 of the Securities Analysis & Trading Webinar, to be held on Sunday, August 27, 2023, at 8am EST.  

In Session 17, Mike will also discuss at least twelve (12) other stocks (including NVDA of course) and will hold a Q & A session. 

The session is expected to last two (2) hours and will be made available for later replay for those who want to review the material as well as for those who were unable to attend. 

Members & Clients can attend this session for only $200.

Email us if you would like to attend this session. 

Again, you must be a Member or Client to attend. 

Who is the leading investment analyst in the world? 

The following links offer compelling  evidence pointing to Mike Stathis.  

No one can match the accuracy, detail, and comprehensiveness of his 2008 financial crisis predictions.  

As well, we believe Mike Stathis holds the leading investment forecasting track record since he began publishing research in 2006.

And we have backed this claim with up to a $1,000,000 guarantee. See here

  • We could list all of the bankruptcies Mike predicted over the years such as Eastman Kodak, Bombay Company, Enron, Circuit City, Sears, Radio Shack, JC Penny, BonTon, and Bed, Bath and Beyond, along with several others.  
  • We could make a great case showing evidence why we believe Mike to be the world's best distressed securities analyst.  
  • We could discuss Mike's remarkably accurate stock market forecasting track record which we believe to be the world's best.  
  • We could discuss Mike's brilliant insights debunking precious metals propaganda as well as the accuracy of his precious metals and oil forecasts and trading guidance, which we believe to be the world's best.  
  • We could discuss Mike's accurate trading guidance for stocks as well as his ability to pick long-term blockbusters. And we could also discuss why we believe Mike is one of the world's best equities analysts.  
  • Finally, we could discuss Mike's amazing macro calls, such as his detailed research predicting the rise of China two decades ago, followed by it's downfall several years ago, the deflationary decade in Europe and many other accurate calls. 

The reader should check the following links herehere, and here to see much of this material. 

2008 Financial Crisis Track Record Material

Examine Mike Stathis' unmatched track record of predicting the 2008 financial crisis, enabling investors to capture life-changing profits by checking herehere, herehere, here, here, here, herehere, here, here, and here.

Check here to download Chapter 12 of Cashing in on the Real Estate Bubble (2007).

  • read where Mike recommended shorting Fannie, Freddie, sub-primes, homebuilders, GM, GE, etc.

Check here to download Chapter 10 of America's Financial Apocalypse (2006 original extended ed).

 

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