Is Rite Aid closer to its yearly high or low stock value and would this be a good time to buy the stock?
Today's Open for Rite Aid is $1.49. Now is probably not a good time, unfortunately I wouldn't buy it because it is at its high within the past two years. It could possibly drop off the radar like stocks in this economy are known to do. ChaCha!
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by John R.
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About Stock
A stock is a share in the ownership of a company. Stock represents a claim on the company's assets and earnings. If you continue to buy more stock in a company, your ownership stake in the company becomes greater. Some other names for stock are shares and equity. When you buy stock in a company, you become one of the company’s owners and you are called a shareholder of that company.

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