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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (11833)9/20/2007 9:07:45 AM
From: Leebert  Read Replies (1) | Respond to of 19256
 
stock down about 10% pre market, I love it!



To: Smiling Bob who wrote (11833)12/17/2007 2:44:53 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
BBY -50.95 in some puts ahead of tomorrow's earnings. Can't see them offering positive guidance and numbers have to be a bit off.
Jan 45 @ .6



To: Smiling Bob who wrote (11833)2/26/2008 3:16:30 PM
From: Smiling Bob  Respond to of 19256
 
RSH-19
hit tgt given last year of return to mid teens
Message 23897161
Oh the agony!
Message 23645261

I'd be re-shorting on earnings pop. Wouldn't trust their numbers at all nor the sustainability. The must have cut everything but their phone lines



To: Smiling Bob who wrote (11833)8/21/2008 12:32:08 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19256
 
RSH - back up some 50% from lows
AT 18.29, a great short here
Beware, it does trade like SHLD- defying gravity at length with unexplainable ease



To: Smiling Bob who wrote (11833)4/24/2012 9:02:56 AM
From: Smiling Bob  Respond to of 19256
 
RadioShack swings to loss, same-store sales weaken
By Nathalie Tadena

("UPDATE: RadioShack Swings To 1Q Loss As Same-Store Sales Weaken," at 8:12 a.m. EDT, misstated the U.S. same-store-sales decline in the 10th paragraph. The error also appeared in an earlier version at 7:18 a.m. The correct version follows:)

--RadioShack post 1Q loss

--Experiences drop in same-store sales

--Says it will spend to build back business

NEW YORK (MarketWatch) -- RadioShack Corp. (NYSE:RSH) swung to a first-quarter loss, hurt by lower postpaid wireless sales from Sprint Nextel Corp (S) and lackluster demand for merchandise like laptops and consumer electronic accessories.

The company said it will step up spending to more effectively market its merchandise and take on a new advertising agency to lead the effort. But investors are leery. Shares are down 13% to $5.20.

"As we anticipated, the first quarter was extremely challenging," said President and Chief Executive Jim Gooch. "While our results were disappointing, we are working quickly to drive top line growth and expand margins."

RadioShack, like rivals including Best Buy Co. (BBY), is seeing curtailed demand for its merchandise.

Gooch said the company is seeing progress from initiatives implemented last year, particularly in its highest gross margin signature platform, and said the initiatives contributed to monthly sequential improvement throughout the quarter that has continued into April.

RadioShack's mobile device-focused strategy has delivered weaker earnings in recent quarters due to fierce competition in the cellphone category and weak demand for other types of consumer electronics. The shift toward lower-margin smartphones and other mobile devices, as well as discounting, have also weighed on the company's margins.

RadioShack reported a loss of $8 million, or 8 cents a share, compared with a year-earlier profit of $35.1 million, or 33 cents a share, a year earlier. The year-ago period included a charge of 2 cents a share for the early extinguishment of debt. Revenue decreased 0.9% to $1.01 billion.

Analysts polled by Thomson Reuters had most recently forecast earnings of 5 cents a share on revenue of $1.06 billion.

Gross margin narrowed to 39.1% from 44.7% as input costs rose 9%.

Same-store sales at U.S. company-operated stores slid 4.2%. Mobility sales slid 5.2% primarily due to lower postpaid wireless sales from Sprint Nextel Corp (S) while consumer electronics sales slid 24% due to ongoing difficult industry trends.

Through Monday's close, the stock has fallen 39% since the start of the year.








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