Do you suppose that Guy Adami might know some PE players............
looking at RSH, what are the chances??? I am told that in addition to the highly profitable Mexican store expansion and the 1000 store expansion into S.E.Asia that RSH may have another large franchise agreement on the front burner to be announced shortly!!! With my current cost basis I am sitting back making 8% on my shares now, so I am almost hoping that there isn't a PE takeover here, since we could see the low teens within a year on any sort of rebound in the consumer electronics sector and a buyout would only bring around $10/sh! You gotta love it when you can make 8 or 9% to sit back and wait for the shorts to get fried!!!
Oh Lord almighty- here we go with the secret insider stuff again. Folks, for those of you who are new to our little party, Dopey here gets secret messages in his head and shares them here like gospel. He had inside info about a January buyout too. Do yourselves a favor and don't be lead down the Path-de-Dope.
I posted last Thursday at 8:32PM EDT that RSH would never see $6.50 again under this subject! That day PP's went higher because of some short covering (my dads rationale). Since that time the PP's have declined and now will probably flat line for several weeks. Then further declines in PP's when either market corrects about 10% downward or more negative news from the "SHACK".
My Dad is a sucessful business man and my mentor regarding the stock market. The above paragraph are his opinions for the most part and he is rarely wrong.:-)