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ASimEE

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ASimEE

Re: bar1080 post# 3062

Sunday, 10/05/2014 3:25:13 PM

Sunday, October 05, 2014 3:25:13 PM

Post# of 6457
1. $1.34 was 35% higher than the previous close - wouldn't exactly call that "collapsing".

2. Details of the deal were not even available when the stock stopped trading at the $1.34 price. How can you openly lie and say the price dropped because of the dilution aspect of the deal?

Bottom line is RSH now has access to enough cash to continue its turnaround plan and have hopefully freed themselves up from restrictions on previous money. Closing unprofitable stores will be a huge boost to the bottom line, although it won't show up immediately.
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