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Will Radioshack go bankrupt? You do not have permission to vote on this poll.
Yes	14	70.00%
No	6	30.00%
Total:	20 votes	100%

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badvestor

Registered: Nov 2011
Posts: 253

08-26-12 10:31 PM

They were doing ok as a master wireless/cellphone dealer until a decade ago when the wireless companies began to fully roll out their own retail stores. They need a new business plan fast as the electronic hobbyist market is dying off with the boomers and the new generation is too busy with rap music and xbox. Buying the stock with an assumption of a short covering rally may be premature. The economic situation now is worse than pre-housing crisis economy with higher unemployment and the banks taking on uncontrolled risks knowing they can siphon out middle class taxes to bail them out.

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SUPERIOR1

Registered: Aug 2012
Posts: 41

08-26-12 10:50 PM

Quote from badvestor:

They were doing ok as a master wireless/cellphone dealer until a decade ago when the wireless companies began to fully roll out their own retail stores. They need a new business plan fast as the electronic hobbyist market is dying off with the boomers and the new generation is too busy with rap music and xbox. Buying the stock with an assumption of a short covering rally may be premature. The economic situation now is worse than pre-housing crisis economy with higher unemployment and the banks taking on uncontrolled risks knowing they can siphon out middle class taxes to bail them out.

It's because their parts are very expensive and people can get them online for very inexpensive.

Lots of punks these days, but there were also lots of drug dummy hippies before.

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Ripley

Registered: Aug 2004
Posts: 2063

08-27-12 10:25 AM

My analyst had a chance to look at the financials and he tells me that it is a strong short operationally with a price target well below $1. But, he also advises me that financially, there may be a bid coming from a retail private equity outfit or a cash loaded technology firm in the range of $5+ per share. So, I would thread carefully.

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