Rite Aid (NYSE:RAD) is a company that has been ripe with rumor and speculation in recent months, attracting a high number of traders looking to make short-term profits.
Unfortunately, the stock market is rarely so kind to investors looking to make a quick buck. In most cases, investors need to have a long-term view to be successful in the stock market.
With Rite Aid, investors have received nothing but uncertainty and mounting losses since the initial announcement. Investors that were invested since the beginning of the deal have seen the value of their stock drop by over half since that time.
