My father-in-law is in the industry. He told me it was a great buy at $6 per share, so I bought some. Then he told me it was an even better buy at $3 per share, so I bought more. Now it is at around $2.40 per share, and I am still waiting for them to figure out how to run their business so I can make a profit on my investment. I do sometimes use the Rite-Aid on Midvale Avenue, but my preference is to use the Falls Pharmacy on Conrad Street.
Poorly run companies are cheap, and so are good investments (only if you hold it until they become well-run). Well-run companies make money, and can be good investments if they are not overpriced. I don't like the stockmarket because I believe that there is too much obfuscation and insider knowledge required.
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