This is going to get "juicy." Ever dead cat has its bounce....especially when it has as strong of a balance sheet as RSH does. The company is going to be around for a long time. Plenty of liquidity for them to work to turn it around. And that POTENTIAL is worth a hell of a lot more than a $2.63 stock...considering they've earned as much as $2 in EPS, a mere few years ago.
Sentiment: Strong Buy
Dont be scared off by the one short basher on this board with several ids...Do your own d.d....Look at yahoo stats and balance sheet....and insiders trading...bought 240000 shares around 2.5 s last summer...
It seems to me that the in place store network with some established foot traffic is way too cheap at 300 million.. probably worth 900 million . Amazon want their "locker" concept? There is a Radio Shack in every neighborhood in America practically. Stock wires, cables, batteries and a smattering of other stuff , pay most of the staff, and rent , and have 1/2 the square-feet at their disposal. It would be a far faster way to establish a national network. Maybe Amazon would prefer not to buy it out but instead partner.
The buy-out route might be cheaper in the long run and allow full control of store branding and signage etc. (maybe Amazon funds a sort of private equity buy out to have the chain still stand alone off balance sheet, but still be a dominate investor and put a long term service contract in place with the new private firm as a condition for the financing they provide.)
Realistic price near term is the ceiling of 2.71 and if it bops past then 3,10. Then 3.65 something is a stir and sales above 1b will push it higher, so at every low bar is set, also law proceedings has a slim to none for a won, check out recent proceedings last year the BBX, also the higher the pps pushes the more faded