Sat, Apr 19, 2014, 12:58 AM EDT - U.S. Markets closed

Recent

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

RadioShack Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • joltingjosephine joltingjosephine Jul 2, 2007 10:12 AM Flag

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

    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
1.41-0.28(-16.57%)Apr 17 4:00 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.
Rayonier Inc.
NYSEThu, Apr 17, 2014 4:03 PM EDT