Today will be the 7th loss day in a row for a total 7-day loss of 13% to 14% and while the overall market has risen. The optimists seem to be confined to those posting optimistic messages on this board.
Some folks have large sums of $$ (millions) invested in RSH right now. I doubt that they are as stupid as you imply they are.
You inductive reasoning (from past performance to future performance) is no more valid today than was the chicken’s who after the farmer came out every morning for 60 days in a row and fed it got the shock of its life when on day 61 the farmer came out and wrung the chicken’s neck instead of feeding it.
Financial statements describe the past—not the future. Students learn that fact in Accounting 101. An investment decision requires one to peer into, and predict, the future. Some folks come on this board and say (in so many words) such things as, “If your vision of the future differs from mine, then you are stupid.” Such statements are foolish, to put it politely.
You remind me of the fellow who flipped a fair 2-sided coin 5 times and got 5 heads. He then predicts on the basis of past tosses (successes) that the next toss also will be a head. When it comes up heads, he says, "Look how smart I am. My astute analysis of the data (facts) enabled me to predict the future." As far as he is concerned, the element of luck (unpredictable factors) had nothing to do with the outcome of the 6th toss. You should read the book "A Random Walk Down Wall Street." A random walk describes well the behavior of stock prices.
"HOUSTON, Nov. 24, 2014 /PRNewswire/ -- Verizon Wireless continues its reinvention of the retail experience with the opening of its newest Destination Store in Houston, Texas Monday, November 24." It's said to be the largest such store in the country and the first one in the South.
I guess VZ executives don't read this message board, for if they did, they would have been told repeatedly by the big brains who announce here that B&M consumer electronics stores cannot compete with Amazon.
You say, "As for B&M being dead not being able to compete I am not sure where you read that."
I read it on this board ad nauseam. Are you telling me that VZ stores do not sell phones? And are you telling me that RSH does not sell VZ telephone service along with telephones?
And your spelling is atrocious, especially since you are one of the "big brains" (at least you think so).
You clearly do not understand the significance of sample size to statistical inference. Your sample size is 1. The issue is what's happening at ALL of RSH's stores. To draw an inference about the performance of several thousand stores based on a sample size of 1 is foolish. Your sample of time is also inadequate.
To those who cannot find "Defense Mobil" on RSH's site, go to http://www.radioshack.com/
Put your cursor on the SHOP link. Then look to the right of the screen under BRANDS. Lo and behold, there it is!
Let's be clear re the original question, which was, "What has really happened to Defense Mobil?
It's NOT on the Radioshack website." "It" refers to Defense Mobil, and the website mentioned is "the Radioshack website." A grade-school child should be able to understand that.
A post says, “Defense Mobile link for Radio Shack gone on its site”. That text says to me that a link on Defense Mobil’s site that once linked to RSH’s site is gone. It’s hard for anyone to know of the specific link on Defense Mobil’s site to which that poster is referring, but please be informed that some links on Defense Mobil’s Army and Coast Guard sites do link to RSH’s site. They are there. I did not check all 5 service sites, but I checked 3 of the 5.
If you go to the Defense Mobil Marine home page and scroll down a ways, you will see Radio Shack’s name with a store finder feature. Enter a zip code, and it will point you to RSH stores within that zip code.
Bottom line: The links on Defense Mobile’s site to RSH stores are there and are easily found with some, but not too much, effort.
The text you criticize identifies RSH as "the first trusted national brand to offer these services in-house." A big difference exists (to me anyway) between taking my Camry to a Toyota dealer for repairs v. taking it to some unknown mechanic down the street. And I'm not speaking of trivial repairs (like changing the spark plugs) or changing the oil, both of which I do myself.
So I believe your criticism is misplaced.
An article today says that RSH was “one of the very few outside the grocery business to be open as early as 8 a.m. [on Thanksgiving day]. A surer sign of management desperation is hard to conceive--or of management cluelessness, for that matter.”
I respectfully disagree with that person’s assessment of the wisdom of being open for business on Thanksgiving a.m. The best time to go shopping is at an hour when stores are not packed with customers. I, for one, welcome the opportunity to avoid crowds. I seldom go shopping on the weekends, for those are the days when most folks go shopping. I buy groceries, clothes, etc. during the week and at an hour where the store has a high probability of being sparsely populated with customers. It makes the shopping experience more pleasant, and it reduces my chances of catching the flu or other communicable disease. It also reduces the chances of some idiot driver crashing into my car and/or me having to park next to someone who will open their car door and ding my car.
So I applaud RSH’s decision to open early on Thanksgiving.
trader0771 says that RSH “owns nothing.” That statement is nonsense. RSH’s balance sheet as of 8-2-2014 reports about $1.149 billion in total assets. If it owned nothing, then its total assets would = 0!!