Thu, Apr 17, 2014, 8:29 AM EDT - U.S. Markets open in 1 hr 1 min

Recent

% | $
Quotes you view appear here for quick access.

RadioShack Corp. Message Board

  • indy_short indy_short Jul 2, 2007 9:52 AM Flag

    When All Else Fails.... Try Fear....

    All this talk about a short squeeze and how it needs to be upgraded.... I love it. Its BS... its also a sign that the pig can go no further.

    The short squeeze has been on since the low $20's, end of story.

    And show me an independent analyst that can possibly upgrade a retail operation with Q over Q declining same store sales that are getting worse and worse as a consistant trend.

    This thing has had it.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I could not agree more. Am I baffled by the rise in the price of RSH? Of course, but my short strategy has been to cover when the momentum is high, then re-short at a higher level, making a few short term gains along the way.
      Am I underwater on my short position as of now? Absolutely, but why would I panic, and cover now? The bad news will eventually come, even if it takes another quarter or two.
      The management did a good job of laying off people, and closing down some of the worst performing stores. But as you say, declining same store sales are probably the most important thing here. I heard some desperation type ads for the Shack over the weekend. Now tell me, why would I go to Radio Shack for a wireless phone? And sure, I will go there to purchase a high def T.V., even though BBY and Circuit City have better selection, prices and customer service...right.

      I am patient enough to hold out. I have even gone ahead and purchased some October puts on the cheap!

 
RSH
1.69-0.10(-5.59%)Apr 16 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.