> Is anyone trading radio shack (rsh) and is anyone bullish?

Is anyone trading radio shack (rsh) and is anyone bullish?

Posted at: 2014-12-05 
I made a quick buck last week with RSH overnight. I got out with a profit because it was too risky for me to hold longer. I think its getting pricey at current levels. Buy on the rumor and sell on the news. I didnt want to wait on the news in case it was bad news. If the deal doesnt go through it will likely fall into bankruptcy. Even if the deal does go through and they get financing from Standard General I think the price will drop back and that may be a good time to buy for the short term.

Some speculators recently entered positions in RSH which shot the price upwards. It's still a sinking ship though that's hemorrhaging cash. While it's possible that RSH can recover, investing on that scenario would be a gamble and not something I'd recommend.

Alot of investors cant not afford to touch stocks under a 1.00 because alot of brokerage firms charge money for the trade plus 1/2 of the principal to the commission so alot of beaten down stock prices are overlooked because its a gamble so conduct your research

If best buy went out, radio shack would probably shine.