For those of you that don't know, riteaid is in serious trouble. It's also a memestock with a cult around it similar to gamestop.
The riteaid sub, mainly populated by disgruntled wagies complaining about minor problems such as "the AC has been broken for 2 months and the district doesn't have the money to fix it" or "they've cut hours down to nothing and are expecting 1 person to do everything" or "we're not being paid" are seemingly under assault by "radicels" that are accusing them of being bots and "spreading fud."
They've seemingly moved to a new sub called "riteaidinvestors" or something and are banning riteaid wagies from posting there.
Will riteaid go bankrupt? Will the stock moon, will the hedgies and their short be defeated? Time will tell. All I know is I sold all I had after reading the AC story.
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This could be a high level investing tactic, shitposting about a company/pretending to be a sneeding wagie, and then shorting the stock
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I buy like 200 dollars in every memestock. Worst case I lose 200 dollars.
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Worst case you sell some expired tampons and make the money back. Easy.
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