When you have this high a volume it's caused by many round trip buy and sells of intense day trading with some ending the day with no holding at all.
Standard general and a few of their buds put up a token cash wad and get preferred stock and they wipe out common and toast the unsecured bond holder..
True, mr van,, as I said before, this is the same type of stunt that Carl Ichan pulled with circuit city.
Fact is, there's still a hundred or so million of the unsecured bond holder's cash still up for grabs and standard general wants a pice of it.
That's the classic radio shack, selling items they don't stock and is proof that nothing has really changed in the operation despite a new pair of shiny shoes at the helm.
Now, that's funny, stating that the rat doesn't understand how price fluctuations occur on stocks.
Mr. Screeminee, you do understand that the "stock" is going up because of gullible gamblers being lead to slaughter by the mm's and has nothing to do with the state of the "company".
As for an outcome for the company, it can't exists at it's present form "mr Day" assured us of that.
It's not just the same store sales that are dropping.. If you know how to read the report, you'd see the other sales are dropping even faster... Now who here can tell us what that means?
You do realize that if they shut down the stores in the grand way they want would cause huge write downs and loss, and won't help profitability just as the past and current closings do nothing to help profibility.
That's right,, once you cross over the $125 grand a year pay level you're no longer held responsible for your incompetence.
That's right,, news to pump the stock, like they've done for years,
Strategic options,buyout scam 13times, buy in kind scam, buy back scam, divi double scam,insider buy scam,finance scam',1000 store china expansion scam,7-11 taco rack guy expansion scam, collage book store " but it's really just an advertisement" scam,nifty red cubes, less product choice,borrowed cash wad.close stores until we're profitable, total restructure of the company's accounting will increase sales and crush the competition,,five pillars,bonuses for the fat cats, lightspeed, standard general's yet another 5% holder somebody knows something scam, load of calls,another load of calls,another load of calls,Bluecrest,yet another refinance.
Rsh has been one of the most connected with the who' who of the stock holders of most any stock on the street, so I'd look to see if there's anybody left that wants to manipulate and once thier done, then the bod will file..