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RadioShack AO Message Board

  • joltingjosephine joltingjosephine Jul 31, 2007 12:37 AM Flag

    Just as I predicted

    in my earlier posts:

    When this thing drops it is gonna drop VERY fast...

    This stock will be a case study in manipulation or at least the dishonesty of Wall Street....

    When people were bragging about how they would make money buying call options on RSH when the stock's price had already gone up 35% in a couple of months, you knew the end was near.

    Maybe you will listen next time. I have been shorting this stock for months, and watched with fascination as it rose, with absolutely no fundamentals to drive it. Intersting how the market reacts now, just as they report a profit. A good lesson to learn folks: the market looks forward, and it knows that all the cost cutting is done, this franchise is in decline, and consumer spending in this country is coming to a grinding stop.

    See ya at 22, then probably around 123by 2009, if they are still in business.