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RadioShack Corp. Message Board

  • blowout100 blowout100 Aug 25, 2008 1:45 PM Flag

    sold 1/2 my position in RSH

    up 73% in 45 days is rich...

    I will let the other 1/2 ride

    stop loss 17.50

    This is the next support under 18

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    • Congrats on your gain. Retail leaders have all said everything is price driven and traffic is down since being pumped by rebate check.

      Why not sale all the shares? What is the upside you're expecting in the face of a recession?

      Started a short position today but would gladly flip it and go long if I saw better risk/reward long odds, like you must.

      • 1 Reply to cash2go
      • ya know.. I dont see what will make it go up further that is why I sold 1/2... Short I would not be... There is room to run up. They are making money and have just added 40 new DM's There is a differnt attitide at the shack. People are scared of there jobs and Brian Bevins is weeding out all the old timers. Tenure is a bad word. I am not sure if this is good or bad but there is a accountability like never before. People wake up and there is a new AVP's RD, and Dm ALL the time. I think the shack needs a new image and this may be it, but stores are still lacking the pazzaz to make me other than a trader. The shares may be fairly valued here I dont know. Maybe a littel up or down...

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