Guys, there are several reasons for Rite-Aid's price drop today. The biggest reason that CVS, Walgreens, and Rite-Aid are down is because President Trump is serious about reducing the price of major drugs produced by big pharma companies. In turn, this hurts pharmacies as well. Obama Care gave big pharma a clear advantage and a wind-fall of revenue. If Obama Care is gone, then profits will go down for big pharma. All your points regarding Rite-Aid's need to do something to turn its stock price around are spot on. I do not know if Rite-Aid would consider selling their EnvisionRx subsidiary to PPSI, but that move would directly benefit us. A merger between Rite-Aid and Univec would put us directly on the NYSE. If such a merger included all our affiliated companies, it would likely save Rite-Aid and drive our stock price to dollar land. I would love to be a fly on the wall during that board meeting.
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