Back in October of 2015 Walgreens announced that it would be buying RAD in a all-cash deal for $9-a-share.
If we setup a trade for $8 with stop at $7.50 and the deal closes then we are guaranteed 2x the amount of money we risked. Its possible the deal might fall apart but the only issue that seems to be adding time to the closing date is RAD shareholders feel WBA should have offered more.
Let those shareholders speculate...
This share holder is going to acknowledge that if the deal does close then I'm guaranteed profits that amount to 2 times the amount of money i willing to risk.
If we setup a trade for $8 with stop at $7.50 and the deal closes then we are guaranteed 2x the amount of money we risked. Its possible the deal might fall apart but the only issue that seems to be adding time to the closing date is RAD shareholders feel WBA should have offered more.
Let those shareholders speculate...
This share holder is going to acknowledge that if the deal does close then I'm guaranteed profits that amount to 2 times the amount of money i willing to risk.