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Re: parrot head post# 3117

Monday, 10/06/2014 8:38:41 AM

Monday, October 06, 2014 8:38:41 AM

Post# of 6457
I didn't expect $2+ like some people, but I did expect a little pop (maybe around the $1.35 mark we had on Friday).

Reading over the deal and several pro and con articles about it, I still see it as a short to medium term positive for RSH. Loosening restrictions on lending requirements will greatly help closing stores and slowing down the burn of much needed cash.

Next few weeks of news (hopefully a detailed plan forward) will tell us what we can expect for RSH's future.

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