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Thatedeguy@Zecco

Buy! Buy! Buy! Bullish on RSH

RadioShack(RSH) has been down in the dumps since early 2000.  They even went so far as to fire employees by email not too long ago.  Then they got rid of their CEO and got a veteran retail CEO.  The very same CEO that turned K-Mart around.  And all of a sudden, their profits are trending up.

It's not a lot at the moment, but a little over $5 a share in just a little over a month is still a pretty good return.  And it could go a lot higher.  If RSH's number continue to trend in the direction they are, we could be looking at a $50+ stock in a year or two.  Definetlly a buy at this point and I think a hold as well.

Disclaimer: I am a stockholder in RadioShack and have been since I worked there in the late nineties. 


Published Thursday, February 08, 2007 7:30 PM by thatedeguy
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About thatedeguy

I'm a late 20's dabbler in all things online. I run several blogs and am a budding online entrepreneur. Basically, that means I spend an amazing amount of my time online and make little money doing it.

The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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Thatedeguy@Zecco
Thatedeguy@Zecco is the Zecco based extension of Thatedeguy(http://www.thatedeguy.com) where I'll be discussing stocks, stock picking, and some of my favorite stocks. Don't expect expert analysis, just some common sense(maybe).

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