Wall Street News:
The only thing investors really need to know about RadioShack stock is that they should stay far away. RadioShack is rapidly burning cash, liquidity is already at a dangerously low level, and the company needs massive comparable store sales growth to get back to breakeven.
There is a good chance that the RadioShack story ends with a total liquidation of the company within the next year or so. But even if RadioShack manages to stave off that disastrous ending, it is still almost certain to declare bankruptcy in order to get out of unprofitable store leases and clean up its balance sheet.
Either way, owners of RadioShack stock are likely to get nothing, give or take a few pennies. Any upside from a potential turnaround or fire sale will benefit unsecured creditors, not RadioShack shareholders.
