Does RadioShack Even Deserve To Be Rescued?

Posted by admin October 3, 2014 0 Comment 1079 views

New York, NY – GDP INSIDER  –  10/03/2014.

This article discusses the rescue financing of RadioShack Corporation(NYSE:RSH), a struggling consumer electronics retailer.

If you were to ask the average American consumer to name the biggest names in consumer electronics, RadioShack Corporation(NYSE:RSH) would most certainly not be the first, second, or even third name to pop up on anyone’s list. Instead, you’d hear names like Walmart, a discount department store, Amazon, an online marketplace, and Best Buy, which refers to itself as a “technology showroom” and is the only company on this list that actually specializes in consumer electronics. Naturally, Best Buy is much larger than RadioShack, a store consumers will find occupying one small spot in a large strip mall.

Despite the company’s disadvantages, however, the Texas-based company has reached an agreement with Standard General LP to refinance the company for $590 million. RadioShack will continue to live on as the company attempts to remodel its numerous stores in time for the upcoming holiday season.

One must wonder what strategy RadioShack intends to employ for both Black Friday and Cyber Monday, shopping days that are regularly dominated by the aforementioned largest names in American consumer electronics.

RadioShack finished Thursday’s trading at a closing price of $0.99. Once upon a time, a $0.016 gain would not even be news for this previously-dominant company. Today, any type of increase, however small it may be, is great news for this struggling company.

Can RadioShack Prepare Itself Properly For The Holiday Season? Take A Look At Our Free RSH Analysis.

About HotStockGains provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.

Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.

Disclosure:  HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit for complete risks and disclosures.

Write Your Comment