The stores are not part of this any more,,they are privately owned by Standard General under the name of general wireless with this company even having a new name of rs legacy.
The stores I now owned by standard general and has no part in rsh or its bankrupt stock.
As for sprint it's not a merger as of yet but is a rental deal where sprint pays standard general for space in the remaining stores owned by standard general..
Check your emotions at the door. The stock has rallied back to $.12-.16 every previous time it#$%$ $.08. So take this opportunity to buy the stock at a good discount!
Sentiment: Strong Buy
Salus Capital made a push for RadioShack to convert to Chapter 7 bankruptcy filings in order to receive the $150 million
General Wireless Operations announced its official purchase Wednesday of the RadioShack brand for $26.2 million
Im confused, are they staying or going ? The said they are staying with Sprint, but Salus wants their $$, so what happens next ?
I put all my money on fxcm after the crash on jan 15th hopping for a turn around and I keep losing .... why is so hard for companies to turn around once the start losing money