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  • Rite Aid's 4th Quarter Earnings Release - The Growth Story Starts [View article]
    Hi Hammerhead411

    One never knows about a takeover. In fact, we will never know if the reason in 2007 to buy Brooks/Eckerd and load the company up with debt was to specifically scare suitors away. They seemed to be in a rush to buy someone. Companies have done this before for this reason in order to keep their very lucrative salaries, bonuses, stock options, and let's not forget the millions spent here on personal usage of corporate owned aircraft. In fact, I know based on a fairly reliable source in mid 2000 that a well-known drugstore chain was interested in part of Rite Aid, but not all of it. Rite Aid's policy then and probably now is "all or none". However, as your User Name implies the "sharks" could still begin circling, purchase all of Rite Aid, and sell off the parts of the country they either do not need or want to cash in on to dramatically lower the assumed debt, if Rite Aid refuses to act in the interest of their shareholders and do it themselves. These days with ObamaCare, the generic wave, better service in the hands of seasoned managers and low interest rates Rite Aid stores are worth a whole lot more money today then just a year or two ago.

    You are correct about the caliber of Rite Aid and other drugstore employees. Many get minimum wage; this together with little training and perhaps a bad store manager is a prescription for the reputation that Rite Aid has difficulty shaking. Believe it or not, it is the middle management, namely the regional/district managers that need at least as much training as the store staff as they continue to ignore big operational issues at the stores due to a lack of initiative, perhaps caused by their own inferior salaries and training. Costco pays their employees excellent wages and it shows in the morale and company ratings of their employees. Can Rite Aid's senior management see the light and appreciate the power of excellent customer service which could cost a few dollars more but whose benefit crushes the costs involved? Can they ever understand that breaking away from the drugstore chain pack and standing out from the chain crowd by providing excellent service will mean a goldmine for shareholders? Not exactly yet, they haven't. When you look at the customer ratings of supermarkets, Pathmark Supermarket where senior management, both the Chairman/CEO and President/COO came from just after they sold the stores to A & P in late 2007, once again out of 59 supermarkets reported, the Pathmark score was dismal at the bottom of the barrel at #52.

    So, hopefully we make a little more progress at the Annual Meeting. Each year, believe it or not for shareholders who think annual meetings are a total waste (not far off) we continue to take a few more baby steps by being as vocal as we have to be, to at the very least let the board know we are watching very carefully what they are or are not doing. I suspect service issues and employee morale/initiative will take center stage this year.

    However, having said all of the above, Rite Aid to this writer still remains one of the best 2014/2015 investments in my portfolio based on ongoing developments in the drugstore industry as well as the pressure on management, hopefully, to continue to change the long-standing reputation of the company. Stay tuned.
    Apr 20 11:39 PM | Likes Like |Link to Comment
  • Rite Aid's 4th Quarter Earnings Release - The Growth Story Starts [View article]
    Bruce

    Thank you for your comments, which only further bolster my own position as you know.

    What you suggest is exactly what we the shareholder pay our management to ensure is actually , and not make believe, happening out in our stores. The senior management pays the middle management, namely the regional and district management when they visit their individual stores, to audit and observe whether or not headquarters policy is being enforced. Since the long standing "corporate culture" at headquarters is simply to assume that their edicts are in place instead of having systems in place to check up on it, to care about it, this leads to the dismal customer service over all these years. When you add a healthy amount of cronyism in the mix, i.e. people put in jobs for which they have no prior experience or stay in them despite the obvious poor results, the situation becomes one of departing customers to our competition. Which is why if you solve this problem, we slowly win back some of these customers, add new ones especially with Obama Care, and the stock continues to zoom up.

    I hope you consider supporting my Proposal for shareholder vote this June.
    Apr 20 01:15 PM | Likes Like |Link to Comment
  • Rite Aid Still Offers Upside With Acquisitions And In-Store Plans [View article]
    Intelligent Investor 101

    I very much appreciate your support. It has been a very lonely job all these years trying to get previous incompetent senior management to perform. Currently, we have better management, but the corporate culture has not changed much since 2000, not surprising as we brought back one of the players from back then in Mr. Standley. No one, absolutely no one, knows better than this shareholder the mess he came back to. Although he is to be congratulated for stabilizing this ship now, one should not forget that he was part of the senior management team from 2001-2005 that cemented the corporate culture that we still see today, which, thus far, he has been unwilling or unable to substantially change. This is why I am calling for a separate, and honestly (emphasis on honestly)independent Chairman to change the culture of the company, i.e. to have the middle management show initiative in correcting local store issues that continue to be ignored and to improve employee morale. I could write a book on the discovery of all these issues and , as offered here, I am agreeable to speak to any Rite Aid shareholder by phone to prove my point.

    Keep in mind it is very, very expensive to mount a proxy fight for board seats; the company spends unlimited shareholder monies to make their points and the proxy fighters have to spend their own monies, especially where our bylaws do not have easier proxy access rules to keep expenses down. Incidentally, my successful Proposal majority win at another company, just concluded, will now allow for bylaw easier proxy access to allow shareholder nominated director candidates to be on the same slate as company nominated directors. The SEC only allows one (1) proxy materialProposal per shareholder per year or I would have selected this one, however, the independent Chairman proposal was deemed by me to be much more immediately important to get the stock price up in the short term and to keep this momentum party going in our stock price.

    By the way, I have just submitted a second Proposal to Rite Aid, not in your proxy materials, to be added to the Agenda of the Annual Meeting, which is allowed that unfortunately can only be voted on by those attending the meeting. While doubtful of passing, since the directors and management have more votes than the rest of the attendees, it will however allow my discussion of it-namely to tie senior management bonus monies to the success, or lack thereof, of management removing our company from the 24/7 Wall St.List and improving our numbers on the University of Michigan American Consumer Satisfaction Index (ACSI), all tied to customer service. If you would like to send me your email address, I would be happy to send you a copy of the Proposal(s).

    I will consider your idea of submitting an article to Seeking Alpha as we get closer to the June Annual Meeting; people have short memories so I think it makes more sense to wait until we get a little closer in time. No question I will need the support of all shareholders, some of whom are now too busy celebrating the dramatic increase in stock price, forgetting that we were already at $6.50 per share in 2007 before prior senior management almost bankrupted us based on poor customer service and NOT the economy which was used by them as the excuse of the day.
    Why did this happen? Where was our board of directors? The answer lies in the incestuous close relationship most of the board members had to the very management they were supposed to oversee. Again, it would take too long to discuss here, but suffice it to say I needed the help of the SEC to begin correcting it, with just a few problems still remaining today.

    So, I expect to make additional comments here as we get closer to the Annual Meeting and I hope to get as much support as possible from Rite Aid shareholders, like yourself, to win majority vote for this Proposal, in a similar way to the previous one elsewhere that was won just last month.

    All the Best
    Apr 20 12:54 PM | Likes Like |Link to Comment
  • Rite Aid's 4th Quarter Earnings Release - The Growth Story Starts [View article]
    GameKing13

    The end game is nowhere near, if and only if Rite Aid senior management honestly steps up to the plate to improve customer service in ALL the stores and not just mainly the Wellness stores; even here there is room for improvement. Most Seeking Alpha contributors/analysts make their comments measuring figures released by the company. For obvious reasons they, and sadly senior management, have no idea how much business is lost and numbers we have no way of measuring due to poor customer service in too many stores still. This is mainly caused by the middle management, namely the regional and district management, not easily seeing local store issues in front of them and acting to resolve it. This writer knows all about this, in not only visiting hundreds of stores around the country over all these years, but actually injecting himself into many of these issues and resolving them, because the middle management would not act. The revenues/profits never seen up to these points were substantial and show little resolution thus far. Senior management has not sufficiently acted, as of yet, through training and quite frankly firings to resolve these issues and make them much more accountable. A big push on this issue by this writer will be made this year at the Annual Meeting, as private conversations has not been nearly successful enough. The proof of this is Rite Aid now placing #2 (with Walmart #1) on the List of the 10 Worst Customer Service Retail Stores in America, per 24/7 Wall Street. So, if this major issue can once and for all be remedied, which makes for a much happier shopping experience and repeat loyal customers, I see a double from today's stock price in your future by this time next year. By the way, I am a significant shareholder in Rite Aid since 2000, so I plan on going along for the ride with you!

    Additionally, keep in mind that prior to two years ago bankruptcy talk, and that is all it was, kept suitors away hoping to get those parts of Rite Aid stores they wanted for pennies on the dollar. That dream of theirs have no chance of success now, so with Obama Care, the generic drug jackpot and still very low interest rates a takeover suitor is always a real possibility soon since Rite Aid is the only major "little guy" of scale left to buy. Of course, with hedge funds now in big to the stock, the stock will be volatile with the games they play of dumping and buying back the stock, however, keep in mind the $7. stock price is just a good booby prize today. Hang in there, I suspect Rite Aid may still just outperform the rest of the market, but that will take winning back customers that left in droves previously due to poor customer service.

    By the way, for a more complete discussion on the above, please take a look at my comments AN OPEN LETTER TO RITE AID SHAREHOLDERS in the previous Seeking Alpha article entitled, "Rite Aid Still Offers Upside.."
    Apr 20 11:28 AM | 3 Likes Like |Link to Comment
  • Rite Aid: Hop Aboard While You Still Can [View article]
    AN OPEN LETTER TO RITE AID SHAREHOLDERS- PROXY VOTE

    DandyLion- I share your concerns. You and all other readers and Rite Aid shareholders should take a look at the latest Seeking Alpha article, Entitled
    "Rite Aid Still Offers Upside" dated 4/18/14. There you will see my Open Letter To Shareholders which asks for all Rite Aid shareholders to consider my Proposal which will be voted on this June. If it is approved, we may be able to gain back your trust to shop with us again, hopefully exclusively. The next leg up in the company will only happen if the service levels are dramatically improved. As a long time shareholder, I know exactly what you are talking about.
    Apr 18 04:44 PM | Likes Like |Link to Comment
  • Rite Aid Still Offers Upside With Acquisitions And In-Store Plans [View article]
    AN OPEN LETTER TO ALL RITE AID SHAREHOLDERS: PROXY VOTE

    Hi Chris, I enjoyed reading your article and agree with most of it, that is except one very important matter, the most important one right now which stands to dramatically improve revenues, profits and most importantly, OUR STOCK PRICE!

    I disagree with your comment that Rite Aid has been successfully focusing on the store customer experience, and so does at least two (2) highly respected and independent organizations that make it their business to rate retail stores on the customer experience, namely:
    1. The University of Michigan's 2013 American Customer Satisfaction Index (ACSI) and the
    2. 24/7 Wall Street's 2013 list of The Top Ten Worst Customer Service Retailers

    1. The ACSI List places all three chains Rite Aid, CVS and Walgreens dismally and poorly close together in the ratings, trailing badly behind all other drugstores, with Rite Aid showing the largest percentage DECLINE in it's ratings from 2012 to 2013. Instead of effective "cost cutting" are we now wrongly "cutting corners"?

    2. 24/7 Wall Street then takes the ACSI ratings and adds to this other factors derived from the STORES Top 100 Retailers Report, published by the National Retail Federation (NRF) using figures from Kantor Retail. Also considered is data from ForeSee on customer service, as well as employee-submitted reviews on worker satisfaction from Glassdoor.com. An unhappy, unmotivated and untrained employee can hardly provide service with a smile, or care less.

    As a result of the above, 24/7 Wall Street has placed Rite Aid as the #2 Worst Retailer on Customer Service; only Walmart does worse gaining the #1 position.

    It may very well be that the Wellness Stores with it's Wellness Ambassadors provide somewhat better service, but these stores only represent 1/4 of all Rite Aid stores and the level of high motivation even with these ambassadors is not a sure thing, given the poor employee Glassdoor.com reviews, and represent only a small portion of the overall store customer experience.

    At Glassdoor.com, where current and past employees can anonymously rate the company, once again all three drugstore chains get poor marks on:
    1. CEO Approval Ratings
    2. Overall Company Rating
    3. Would You Recommend Your Friends Work Here

    While retail is a tough business to be sure, other retailers such as Nordstrom, Costco, Southwest Airlines and Home Depot have extremely high ratings in all of the three above categories, so it can be done, but you must really work at it and not just falsely talk about it.

    By way of example, when Frank Blake, Home Depot CEO joined the company in 2007 employee morale was poor, customer service in the stores was dismal and the ratings from ACSI above were some of the lowest in the retail industry. Mr. Blake showed the kind of leadership that is rare these days. His first order of business was to immediately RECOGNIZE AND ADMIT THE PROBLEM AND TAKE REPONSIBILITY FOR IT. He did what few new CEO's would ever do-write an open letter on the company website to his customers and apologize for the lousy service we have been giving you for years. He asked his customers to give Home Depot a second chance to make things right. That this issue was job one for him and he proved that by providing a hotline number to his office if you, the customer, were not happy about your experience. He even went to stores, putting on the orange apron, and worked in a department as a regular employee to see what the experience was hands on. Today, Frank Blake has an 81% CEO Approval Rating from his employees (Rite Aid CEO Approval 43%) and the stock is near historical highs.

    Rite Aid shareholders, including myself with 253,000 shares, have much to be thankful for with the stock price going from $1. to $7 in such a rapid period of time thanks to the efforts of the senior management team to stabilize the ship (Remember we were at $6.50 in mid 2007 just before our Board almost bankrupted us by foolishly approving the Eckerd transaction being clueless or not caring about just how bad most of the stores were being run by senior management at the time.

    You can not fix a problem, if you are not willing to admit you have a problem. For over fourteen (14) years senior management has never been willing to admit that they have significant customer service problems at their stores. The fact that the front-end numbers refuse to improve is a telling fact. This writer has made it his business to visit hundreds of Rite Aid stores over all these years talking to store staff, interviewing exiting customers, speaking to mid level and senior management and I can simply tell you that most of the customer service issues could have and should have been solved by the district/regional level personnel. However, the common theme here has been a near total lack of initiative, since apparently, unless this writer notifies Corporate, they believe Corporate will be none the wiser. More than paper pushers, and boy do the district managers have to fill out lots of paperwork when they visit a store, their eyes could see exactly what I see and ACT to solve the problem. Instead, believe it or not, this shareholder injects himself into the issue and only then is it resolved. On two (2) occasions this involved going to the Zoning Commission in two (2) separate cities after I did not accept answers received from store and district personnel. They were wrong and I was correct that solutions were available and no doubt have contributed to increased revenues and profits to you the shareholder. However, the problem still remains unsolved, namely, accountability at the district/regional level. Only better training, if they are getting any at all now, is required first at the regional/district level and working this training down to the store level, ALL the stores, not just the Wellness stores.

    Our company, currently better managed than in the past, has had a little luck also going for it:
    1. We are in the sweet spot of branded drugs going generic in increasing amounts where Rite Aid makes more money.
    2. We have artificially high profits now thanks to low interest rates; this gift will not
    last forever and higher rates eventually mean lower bottom line profits thanks to our 2007
    Board's foolish purchase of 1800 more non-performing stores and now heavy
    debt load.
    3. ObamaCare was a gift to us from God providing Rite Aid with a brand new source of customers, who for the first time have health insurance and can go to their doctors and get prescriptions filled.

    This shareholder prefers that the stock price not be based on a lot of luck. Having visited so many less than perfectly running stores, this writer prefers to see superior customer service in the stores, for the simple reason that with all three (3) chains showing bad ratings, Rite Aid has much low hanging fruit to pick from IF, AND ONLY IF, they solve their service issues that make them stand out from their competitors. Give the customer a reason to want to go out of their way to visit you, because it is so much more a pleasant and satisfying experience:
    1. That long checkout lines are immediately dealt with immediate backup, not 10 minutes or longer later, if at all
    2. That our customers get a pleasant hello and goodbye when entering and exiting the store, not at an occasional store but systematically at all stores
    3. That popular products that residents want are in stock with good inventory control
    4. That customers filling prescriptions believe the pharmacist really cares about them, and that the pharmacy personnel ALL provide service with a smile, etc, etc.

    Providing similar great service at a large store base such as Rite Aid while not easy is possible; isn't this why we pay our regional/district personnel salaries to properly mind the store?.

    This writer and shareholder believes the problem begins and ends with the corporate culture that has been in existence at Rite Aid since the original senior management was brought to the company in 2000, just after the old management was booted out due to a hefty accounting scandal that sent the son of the founder and others to "the big house". Leonard Greene and Partners made a cash infusion, brought in a management team and a board was carefully constructed over the years that previously and currently maintained a close relationship with the management team. This led to the board closing it's eyes to obviously poor operational performance over the years, and I regret to inform you the board looking the other way when numerous examples of unethical conduct was conducted. This writer has since resolved most of those matters. Mr. Standley our current Chairman AND CEO was part of that senior management team until 2005, when he left for a few years to spruce up his resume and was invited back to the company in his current position with the company in 2008. At issue now is whether the corporate culture that Mr. Standley was part of from 2001-2005 could reasonably be expected to change now since 2008. This writer believes it has not changed substantially enough, with the latest customer service level scores from independent sources confirming my own evidence.

    THEREFORE, this writer has a Proposal up for shareholder vote this year that you, the Rite Aid shareholder, will have an opportunity to vote on, when you receive your proxy materials at the end of May. In essence, Mr. Standley now conveniently holds two (2) jobs, that of Chairman and CEO, in addition to serving on board's of at least two (2) other organizations. Being a CEO alone of a company such as Rite Aid with so many issues is already more than a full-time job for which we the shareholder already pay him a very good salary, bonuses and stock options. Now not only is he also Chairman, but he has decided to also fatten up his retirement account by serving on other boards The CEO, our employee, gets to report to himself the Chairman and boss. One of the roles of a board is to hire and fire senior level employees; the Chairman leads the board and provides undue influence on the rest of the board members.

    My Proposal requests that the board hire an independent Chairman, with a fresh set of eyes and ideas to, among other things, bring our customer service closer to the level of the independent drugstores, and leave CVS and Walgreens "behind in the dust" to be the chain of choice that customers want to go out of their way to visit and shop at. To change the corporate culture, so that accountability at the regional/district level will be more closely monitored to stop the nonsense that this writer seems always to see when visiting stores. To provide a better work environment for our employees, who are on the front lines interacting with our valued customers. The customers do not see our Chairman and CEO; they only interact with our valued employees. We MUST improve employee morale!!

    We can thank Mr. Standley and Mr. Martindale, President and COO and Mr. Vitrone, CFO for the good things they have done most notably in marketing and refinancing our strangling debt, but we should not close our eyes to what they have proved that they, thus far, have not been good at, namely the most important matter that could raise revenues and profits, easily 20%, that being superior customer service. Let Walgreens and CVS settle for lousy service; we can quietly under the radar make service job 1, as Home Depot accomplished, before Walgreens and CVS see what hit them. But business as usual won't get it done; I have been patiently waiting too long for a change. Remember senior management will leave rich no matter where the stock price goes, up or down. Proof of this was Mr. Standley's predecessor who nearly caused the bankruptcy of the company, and being given a 1 million share gift of Rite Aid stock upon recently exiting the company. We, the little guy, will only maximize our shareholder equity with an increase in the stock price.

    The proxy materials you will receive one month from now will provide other reasons to vote in "Favor" of my Proposal, but keep in mind that pursuant to SEC rules I was limited to only 500 words, hardly enough to develop full thoughts on much. I have already gone on too long here, for which I apologize, but as you might tell I have been very passionate to improve the stock price in this company, my largest single investment by far for reasons that I may discuss another time.

    I welcome any Rite Aid shareholder, and please only shareholders, to request an in person telephone conference call with me to answer any questions you may have on the Proposal up for vote, and the last 14 year history, so that you can vote intelligently, and not necessarily the way the board wants you to vote. You can make a difference! I recently returned from another Annual Meeting where my Proposal received majority vote after ISS and Glass Lewis recommended in "Favor" of my Proposal to their institutional clients, where big blocks of votes are available. I will be making a similar presentation to them this year on Rite Aid in June. However, this is your opportunity to make a difference in the continued improvement in the company that could easily double or triple the stock in the short term.

    Please make your request to speak with me by telephone only, by making your request on day and time, which I will attempt to honor. You must provide me YOUR telephone number; sorry I am not the fastest typist, so email back and forth email communication will not be honored.

    Thank you for your time in reading this lengthy comment and I hope I can count on your support.

    EMAIL ADDRESS- jamesbond954@comcast.net
    Apr 18 03:13 PM | 1 Like Like |Link to Comment
  • Rite Aid - Key Focus Areas For Its Upcoming Earnings Release [View article]
    Credit Suisse continues in a Report today with a Rite Aid OUTPERFORM and increases it's price target from $7.00 to $8.50.
    Apr 10 09:05 PM | Likes Like |Link to Comment
  • Rite Aid beats by $0.05, beats on revenue [View news story]
    GameKing13

    Congratulations, on your smart buy yesterday. I hope to make you a lot more money in the months to come, when I raise many important matters at the Annual Meeting this June. Hint- Customer Service
    Apr 10 08:00 AM | 2 Likes Like |Link to Comment
  • Rite Aid beats by $0.05, beats on revenue [View news story]
    Nice job by the senior management team, who proved this shareholder correct when he was "banging on the table" for years at the Annual Meetings from 2007-2012 that this stock was a goldmine when it was at .50 cents, $1. $2... Here is the good news-Even these numbers and the anticipated big jump in the share price today still represents only crumbs to shareholders. If they can ever get the customer service right, a long ways off now, this stock is worth a triple from today's prices. Shareholders should "keep their eyes on the prize" and not be lulled into complacency. The senior management has much more work to do, however, let's thank them for getting to first base!
    Apr 10 07:41 AM | 4 Likes Like |Link to Comment
  • Here's What To Expect From Rite Aid Earnings Thursday [View article]
    jazzkool-

    Trading today in Rite Aid just before tomorrow's numbers shows the stock up big, with big options bets, suggesting that good news is expected tomorrow. Let's see... In any event, with the weather now improving after a brutal winter, to me the June quarterly numbers will even tell a better prediction of Rite Aid future events.
    Apr 9 09:48 PM | Likes Like |Link to Comment
  • Here's What To Expect From Rite Aid Earnings Thursday [View article]
    Jbgoose-

    Thanks for agreeing with me and others that now is the time to pay down debt and perhaps selling off part of the company, like the crown jewel in the West Coast stores may be the answer. The company's talent in the bullpen to operate in the whole country is just too limited; concentrating on the East Coast where they already have domination in many large cities seems to be the way to go. I will attempt to add to the Agenda of the Annual Meeting a forced discussion of the debt situation, which shareholders rarely hear a peep about. Of course, high debt keeps potential suitors away and senior management may want to continue cashing their huge paychecks for a long time to come. Not easy to find jobs like this these days.

    Marketing, gimmicks or not, has seemed to be senior management's strong point; really good customer service and effective regional management and nobody is home. This WILL be added to the Agenda and a request that the board tie bonus goody monies to service improvement will be requested. Like how about the company no longer being on the Top 10 Worst List in Customer Satisfaction for starters. This is the fastest, and easiest way, to dramatically improve revenues and profits, but you already know service issues are my pet peeve caused by a 14+ year faulty corporate culture.
    Apr 9 09:34 PM | Likes Like |Link to Comment
  • Rite Aid - Key Focus Areas For Its Upcoming Earnings Release [View article]
    GameKing13-

    Earnings tend to be posted 30-60 minutes prior to the conference call on the Rite Aid website. The call is always at 8:30AM Eastern. All existing and potential shareholders may call in to a conference call number to listen in with the analysts at (877)654-4425.
    Apr 9 03:00 PM | Likes Like |Link to Comment
  • Rite Aid: The Right Direction [View article]
    Jbgoose-

    Please read my comments a little more carefully.

    I did say "We are happy that management has stabilized the company" means just that. The fact that all three (3) drugstore chains make a unique list of only ten (10) spots- The Worst Customer Satisfied Retail Stores, means none of them have very good leadership, simply because good leadership would say, "We will make job #1 to get off this List and standout to the drugstore public that you really want to patronize us, because with us you leave having had a good experience. Now, I know, some of you will jump at the chance to say, well Popeye to do that costs too much money to staff up in labor expense, so it can't be done! Based on what I have seen in store visits, no, the cost absolutely does NOT overpower the benefit. It takes store training, non-existent according to store management, and a regional/district management that shows more initiative than simply doing paperwork at the stores.

    If Herb Hellaher can build an airline, Southwest, based on standout customer service, if Frank Blake can join Home Depot in 2007 and immediately apologize for the lousy service in an Open Letter to his customers on the company website and indicate that this was job #1 to improve immediately and does it with the stock now at all time highs, then do not tell me it can not be done, and profitably so. Good leadership is not common; it is not helpful to place roadblocks in front of progress and to make excuses for management. I have said before that being skeptical is better for your financial health than accepting pat statements from management, especially when they refuse to admit the problem in the first place.
    Mar 28 11:04 AM | Likes Like |Link to Comment
  • Cheap Growth A Key Highlight For Rite Aid [View article]
    Bugle Boy

    Update- This shareholder's Proposal will now go in for shareholder vote in the 2014 proxy materials. Please review the latest Rite Aid SA article on or just after April 15 for details on the Proposal, which the company was unable to challenge since it was made bullet proof. I would also note that I recently returned from another Annual Meeting where my Proposal received majority shareholder vote, so with a lot of work, even a "butterfly" can fly for an extended period of time. All Rite Aid shareholders, if they care to, can have direct telephone contact with me if they request, to help further explain the importance of voting "InFavor" of this Proposal.
    Mar 24 04:26 PM | Likes Like |Link to Comment
  • International Game Technology Senses Fortune As More States Embrace Online Gambling [View article]
    jrpan2

    Overall, IGT has some of the most uninteresting machines on the casino floor, although not completely the case. However, you definitely see more players at their competitors machines. Before even inventing "NEW" machines, they had better invent "NEW" senior management first!! They need something better than smooth talkers, who always try to talk themselves out of poor earnings quarters, while their competitors, especially Bally's, seem to be doing just fine. They are now at the stock price point where the sharks will begin to circle soon and force change, since the Board has circled the wagons to protect management at all costs. Icahn, where are you??
    Mar 15 12:43 PM | Likes Like |Link to Comment
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