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RadioShack AO Message Board

  • bigkahuana99 bigkahuana99 Feb 16, 2012 7:38 PM Flag

    Quarterly dividend of .125 declared !!

    Well it looks as though the dividend is still intact, which is not something a company in distress does. I'm buying 8 March calls tommorrow, as I expect a short squeeze on any positive news.

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    • This lays to rest one of the "fears" that RSH might eliminate their dividend. That's 6.6% at today's prices! I thought they would have waited till the ER to announce it as one of the positives, that business is still doing ok, contrary to the SP drop. Looks like they have some other (possibly bigger) positives to announce next week. Perhaps channel checks are showing that Verizon sales are doing better than they expected? They might report at the high end of guidance? Let's see but I strongly think there will be relief buying when people realize that the 30% haircut was way too much of a knee jerk reaction to the pre-announcement. There might also be insider buying 48 hours after the ER - SEC rules prevents them from buying before all public info is released.

    • you do know that earnings are next week and they already announced its going to be bad