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RadioShack Corp. Message Board

railroadxxx 10 posts  |  Last Activity: Dec 15, 2014 6:27 PM Member since: Apr 20, 2007
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  • Reply to

    Joy to the world...

    by beetleruss Dec 15, 2014 6:03 PM
    railroadxxx railroadxxx Dec 15, 2014 6:27 PM Flag

    Actually, what it proves is that nice people always get shafted while the slime simply moves on to ruin something else. Do any of us really believe that those most responsible for the demise of this country will never get a similar job again? Or will the upper and middle management be seen as capable, quality individuals being value to retail?

    Look at all the losers that came over from Blockbuster to follow the same path of destruction. Did they learn anything from their failures to adapt to modern technology and communications or did they repeat the exact same attitudes and actions?

    The mantra of many retailers today is that the Internet is to blame for everything. Or the poor economy. And let's not forget the worthless sales associates who are paid good money yet produce nothing. Whip them harder, fire the worse ones every 6 months, cut hours and demand more results from the lazy slackers. I have yet to see either a management or socalled financial analysts deal with the real problem of so much business today and that is the sad fact that most of management are a bunch of sociopaths focused solely upon short term numbers and the hell with both their employees and customers.

    Sentiment: Strong Sell

  • The Chase website has been offline now since last Thursday. Today makes the 5th day. Customers cannot pay their credit card bills nor even see recent charges. If this latest hack includes major theft and usage of credit cards there is going to be Hell to pay.

    What makes all of this so strange is that I have yet to see a single thing in the news. Nothing. Nor has Chase even gotten their own act together with some customer service reps claiming that there is no problem while others state that the system is down but repairs are almost finished. There are a number of websites where one can go to verify if a site is up or down and they are all filled with comments from upset customers. 5 days now and not a word as to what the problem is. Far too typical of a response from a huge corporation that rewards their top management with tens of millions while firing thousands of low level employees.

  • railroadxxx railroadxxx Aug 11, 2014 6:02 PM Flag

    The manager's desk in my store was missing a leg when it collapsed one day. It was "repaired" by placing some wooden blocks under the corner. So ghetto, so typical. But it had a nice view of the rain water seeping along the concrete wall all around the electrical connectors. That never was dealt with either. When things were dry the wall would be covered with these white streaks and the junction boxes had this white crusty material everywhere. It was fun to knock it off while watching the yearly video on how important safety issues were to the company and the need to immediately notify the DM if something needed fixing. :)

    Sentiment: Strong Sell

  • Reply to

    RSH is very sensitive to news, GOOD OR BAD

    by sam.deanj Aug 6, 2014 9:12 PM
    railroadxxx railroadxxx Aug 7, 2014 2:01 AM Flag

    "But the bad has pretty much been priced in."

    Honestly, how many times has that exact same sentence appeared in this forum? I was reading that back when RS was $16. Look at the chart of this stock over the last 4 years. All the way down there have been idiots here telling us how much money they were going to make on RS because the bad news had all been priced in and it could only go higher. Well, it hasn't gone higher. Only a week ago it was 25% higher. A month ago it was 60% higher. A year ago 600% higher. Honestly, it seems that the closer the doors come to shutting forever the more the "street" people show up proving that mental health problems are a major issue in this country.

    Sentiment: Strong Sell

  • Reply to

    This board is pitiful...

    by screeminee Aug 4, 2014 4:07 AM
    railroadxxx railroadxxx Aug 4, 2014 6:22 PM Flag

    Nice vocabulary. We don't see such high levels of articulation much these days after decades of Liberal dumbing down of the educational system. I am going to make the guess that you have a degree in Literature or something similar. Definitely NOT accounting. :)

    Sentiment: Strong Sell

  • railroadxxx railroadxxx Aug 4, 2014 6:11 PM Flag

    I was just going to ask the same question. Look at today's chart. It was set to close around 60 cents when suddenly there was a huge volume surge and the stock dropped like a rock. I realize that this is now a penny stock already at the half way point between $1 and zero but seeing a movement like this literally in the final few moments of the trading day begs the question as to whom and why. I am sure that if we knew the details there would be more information as to how much longer this stock is even going to be trading.

    Sentiment: Strong Sell

  • railroadxxx by railroadxxx Jul 31, 2014 2:51 AM Flag

    As someone who has been around here since the stock was in the low 20s it is amazing how far things have gone. And at each step there have been those who adamantly deny reality and claim big money will be made investing in this stock.

    At 15 there was a group who said the easy money was the $5 they were soon to be rewarded at the stock returned to 20. It dropped rapidly to 10. Then down to 8 where some joker hung around for months bragging about his golf trips and his huge soon to be profitable gain in RS when it shot up to 14. Except it continued dropping. 6, 5, 4. When it reached 3 the promoters returned claiming it was greatly oversold and a bounce was imminent. A thud was more like it. Then came 2 and, only a short month ago, 1. Last week someone jumped on the idea that it had hit a resistance point at 80 cents. Wouldn't, couldn't, shouldn't go lower.

    So today we are at the mid 60s. 18% loss in a week. Penny stock territory. Uranium mines, solar cars, a pill to cure cancer, whatever. The pink sheets. No mutual funds or ETFs around here. This is hardcore hustler hideout, the guys that cold call with a "the train is leaving so you had better decide right now if you want to become rich or not".

    Some companies go under with a loud bang. Circuit City and the Sharper Image come to mind. And others leave without a sound as no one even notices. Radio Shack? I thought they closed down years ago. My dad used to go there. When did they go broke?

    1500-2000 sq ft available for lease. Call Adams Property Management.

    Sentiment: Strong Sell

  • Reply to

    Charles Tandy is turning in his grave )-:

    by value5612 Jul 16, 2014 4:33 PM
    railroadxxx railroadxxx Jul 17, 2014 2:54 AM Flag

    Buried, cremated, what the heck. it's the thought that counts. :)

    Sentiment: Strong Sell

  • railroadxxx railroadxxx Jul 16, 2014 2:23 AM Flag

    How about another story of RS that illustrates why they have failed so badly?
    One day our DR appeared with his typical frown and, after inspecting the store, informed us that the regional manager, a reject from BlockBuster, had decided that having the cleaning supplies in the bathroom was no longer acceptable. It made things look too cluttered. About what you would expect from someone with a degree in accounting from a second rate school.

    So where were the supplies put? On one of the racks in the back right next to, and in some places, on top of RS merchandise. Ever seen a boombox or cordless phone after leaking bleach has dripped on them? We'll ignore the fact that all this was probably against health codes. Or the fact that we weren't even suppose to have a spare roll of toilet paper in the bathroom. Honest. This story is 100% true.

    A company whose customer counts were declining every month, whose prices were completely out of line with the competition, who yelled at the employees constantly to sell worthless warranties. No, we were going to spend our time making sure the bathroom had nothing but the fixtures in it.

    Sentiment: Strong Sell

  • Reply to

    Today’s RadioShack Anecdote

    by u22g55 Jul 11, 2014 4:34 PM
    railroadxxx railroadxxx Jul 12, 2014 3:51 PM Flag

    I have some T-shirts from RS also. We got them during the heyday of Julian Day's large bet on Lance Armstrong. They were from 2010 and the front says The Shack Rolls With Lance, Levi And Team Radio Shack. I originally had four of them but used one of them last year to clean up an oil spill in the garage. Occasionally I wear one in public but mostly they are just for around the house. Someday they will be collector items and you guys will be paying me big bucks to buy them.

    I also have an exterior hard drive case I bought on clearance with my employee discount. Good price ignoring the fact that it stopping working after about 3 months. And I could have bought an RSSP for only $6.99 more than the $19.99 I paid for the case. Needless to say I felt really stupid for not protecting my purchase.

    Sentiment: Strong Sell

RSH
0.38-0.0099(-2.54%)Dec 26 4:02 PMEST

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