Ya know white I think it was up a penny or so the next day so you may have tech won that. Overall its doing exactly what I had expected. How about you, you suprised this is happening after a huge blowout loss ?
You did call it Syco. Its eems to be unraveling. Its easy math its just not enough. The terms on that CCC rating will be horrible. I can see this plunge below $2 if this refi is announced.
Nonsense, If you actually look at the data short coverage is increasing per the DD at hand. The shorts will never leave this comfy home until the story changes. At this point daily the story grows worse and has done so for over 14 quarters.
New to investing and this stock seems to be what your up against
Funny, Easy, Comments like these make the new CEO look like a blithering idiot. The brain trust here thinks its easy yet he has stewarded a $220 million loss in 9 months.
As it stands now its the "avoid place"
FYI, no manufacturer will do an exclusive deal with Radio Shack. Thats foolish. Its a low teir brand. Who wants to be aligned with that?
Lets take a reality check. Radio Shack is about to a do a refi that drops it nearly a billion in debt. It will have enough liquidity at the current burn to last 18 months more. They have not slowed the bleed they have increased it. Although you have ideas its just more of the same. They strayed far from the brand that made them money. I just dont see them making it doing the stsus quo, no one cares about RSH
Once again. No answer to the question. Just Rose colored glassed ,enjoy,, Same store sale posts an 8.4 % decline. Yup that Ceo is awesome thru those Ronco Rose colored glasses.
Now your just plain making it up as you go. If you want to sit at the adult table back up your wild claims. You were given a chance and came up with nothing. Then you make up where the $220 million went when the last Q3 was the first to mention this write off. How underwater are you? I wont judge
I really like your idea other than the fact the store is mostly women and at that point your trying to be like Wal-Mart and to be fair your not going to beat Wal Mart at its game. I give you 10 points for creative and the adage...misery loves company.
Quote."RSH has a phenomenal new CEO".........Huh? And you base this on what? Losing $220 million in 9 months and spending shareholders money freely? Try to keep and mind in his past job he was not the one pulling the strings rather a lower manager. I am really interested where this resounding support comes from. To date he has not done one thing to signal a turn. Nothing.
I gave that a good read. End result is new loans if they get them adds very little new capitol. In fact does not even replace the amount they were forced to use to pay down debt. Its in black and white to read. Deny it if you like. Many think the Holocost is made up as well.
RSH trending lower as I knew it would. As well Raymond James out on a do not buy list for Radio Shack. First of many to be reported. When the ugly of the refi comes out I expect another leg down.
That same thing has been said for years but earnings of the last three years Q4 show otherwise.
As a matter of fact that same thing has been said for 14 Q as far as I have watched.
Do you know how much they lost last Q4?
Honestly dont think that will happen, wishful thinking you will get some of your lost money back. The phrase"catch a falling knife" comes to mind. In the coming days we are going to get downgrades and possibly a credit downgrade as well.
Lets check back in to see who is right
Good call imarat 21 , You have posted that many times. Between you and Syco you have nailed this at every turn. Yesterdays finance news was such classic Radio Shack aka dividend double and sharebuyback. They have no regard for shareholders and in fact tried to damage them yesterday for personal gain. I smell another class action.
You never did answer Syco`s question. You just dreamed up more stuff. Market cap?huh Book Value? huh
Buying Radio Shack is like paying money for a car that does not run. You might say it might run, it could run, it needs time to run. Sorry. Time for a new car.