They don't sell ANYTHING you cannot buy cheaper at WalMart or Target...
They will be gone before you know it, since they already spun off the profitable remnants of the Tandy Corporation in 2000...
http://finance.yahoo.com/q/ao?s=RSH+Anal...
Maybe the Professional Analysts are all wrong, and your old man is right, but I doubt that...
I loved Radio Shack as a kid and used to buy all kinds of electronic components there for experiments and for making neat stuff. Nobody does that anymore. They are a poor cell phone distributor now. I will be sad to see them go.
They lost $400 million last year and $139 Million in 2012. You are right this in not a good investment. There are thousands of better companies to invest in. The only way to make money with Radio Shack is to short the stock which means you make money when the price goes down.
I have been investing in stocks for over 20 years and have a high net worth now. I wouldn't have gotten to where I am now by investing in companies like Radio Shack.
RadioShack is going down the drain but my old man won't believe me when I say it's not worth it. Can I get an outside opinion?
