This does not look like a “dead cat bounce” as it has a hook on the end from 2.61 to 2.64 so it’s more of a “jolted cat spring” most likely related to leakage of some kind as major short’s come due mid Feb.
I have done a calculation on the Book value at some where around $6.50/ share at this time. Anyone have a sit-rep on Monday, we know the next ceiling is at 2.71, throw in earnings, is there really a top on this if not where is the consolidation point?
Won’t the franchise deal... Southeast Asia Expansion With Berjaya Master Agreement... be mostly pure profit to Radio Shack. . . seems to me the deal should propel RSH shares much higher... provided the stores in N. America do okay.
Not sure i follow your trend theory... if earnings are bad and rsh drops below $2, you maybuy shares... but, at that point, no earnings trend change....if earnings are decent and the stock jumps, will you then buy but at a much higher price?? Even so, one quarter doesn't make a trend... thus, I think you are a loser idiot that just like to harass people in the only venue that you can get away with it... anonymous message boards