I expect shorted shares to rise even more now. They smell blood
I would expect some analyst's downgrades in the coming days weeks on this news. Just no positive take away here other than a faster trip to the court room
It don't get much worse than 11 plus % . Imagine the payments on this. Market reacting and it don't like it. It traded lower rates for sky high rates and the kicker, that extra working capitol they so desperately needed to add some extra time they have already blown.
A dismal day if your a Radio Shack long. Ole CEO-JO put on a brave face but all know the was the best they could do and its the last and final gasp for this old girl
Pay no attention to our resident board troll coal. He scours the web inserting his trailer trash posts never uttering any financial info. I now see he spends his time following me around. ,,,lol. Funny how jealousy consumes these types. Anyway, As you can see from another of his posts research or accurate info is just not in his wheel house. The flip side with each post he seperates himself at the top of the pack of trailer trash and ultimatly a very underwater investor. Shame
We have clear history to go on regarding RSH usng these type of measures to prop up the pps with poor performance on the line. How many class actions are they defending now?....3 ?The longer no news is released on the refi the more the fraud it appears that was. The BOD should never have pps performance bonus in a CEO compensation package. I think it promotes behaviour that can get them in trouble.
Clear to see now it was all fake. I bet the attorneys are circiling
Dont be foolish, Its technicaly a broke company. $10...FUNNY
Watch and learn Shack, thats how its done. Of course they are leaders not poor imitations of cell phone kiosks found in all malls across america
A gains a gain, can care less where its going. Had 54k profit and cannot risk to let that slide.
I have thought the same thing. Even trying to obtain new funds is a money burn with trips amd smooze. They have nothing even remote they are going ton get some funding. What they do get no doubt will be toxic in nature.
Run along junior and get back on your meds. These forums are for investors. Trolling every message and inserting your trailer trash verb doesnt exactly speak to even a modest amount of maturity.
Shame, you were doing so well controling yourself and not going into your normal turrets bantor. Please do get back on your meds if you want to visit with the adults. You childish tone may work in the trailer court but your viewed as trailer trash here.
Every year when they report horrible Q4 earnings the have a new excuse that they claim is a one year thing. We have heard weather delays, T-Mobil....., Sprint, ......Target Kiosks,..... lack of product......, poor mix of product. Every year its something new.
Let take some guesses what will it be this year.
RC Helicopters must not be big this year
"exclusive deal".lol.....With who? Target.they tried that. They now call that discontinued operations. Ole CEO JOE made a whole new category for it. T-Mobile.they tried that also. All these deals resorted in millions........millions in lost money. When they droped these "exclusive deals" oh they were going to get back on track. Who will they make a deal with?...come on. Who wants to be linked to the bottom rung of the cell phone sellers. They are an electronics store for idiots...overpriced...no good product. Try and grasp...They are losing over 1 million per day for good reason. Say it...1 million per day in losses.
its over, your gonna get fried den when this thing gets whacked under buck on BK news.
I wonder...........wlil you come back and post when it all falls apart? I can tell you I will post if warren buffet buys them for 20 bucks a share good job to you. FYI zero chance of that happening.
This stock is no doubt going to fry some daytraders when they announce Chapt 11, Longs allready have been fried