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To: Smiling Bob who wrote (11140)7/13/2007 9:30:09 AM
From: Smiling Bob  Respond to of 19257
 
This likely had to do with put activity noted in linked post
Accumulated almost 200 of these .RSHSF-JUly 30's- so timing couldn't have been better :)
Along with many other species.
Should see other downgrades follow
---
UPDATE 1-RESEARCH ALERT-BofA cuts RadioShack to sell
Fri Jul 13, 2007 8:31AM EDT

(Adds details)

July 13 (Reuters) -

RADIOSHACK CORP. (RSH.N: Quote, Profile, Research)

Current Prior
Rating Sell Neutral
Price target $18 $26

--Banc of America believes expectations of a sustained
turnaround at the electronics retailer are well ahead of
reality and said revenue growth would be elusive in spite of
strong expense management, limiting upside potential to the
stock price.

--RadioShack's earnings quality is weak, and cuts to labor
costs and advertising expenses would make it more difficult to
overcome declining wireless trends, the brokerage said.

--The brokerage believes, based on store checks and
industry sources, that morale at the store level is poor as
commissions and benefits have been cut and this would lead a
decline in sales.
(Reporting by Aradhana Aravindan in Bangalore)

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To: Smiling Bob who wrote (11140)7/18/2007 9:40:29 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19257
 
.RSHME- added at 1.45
Jan 08 25s
30.31 bid RSH