RS Legacy Corp. (fka RSHCQ)

[chaostrader]

I use to post on here so much. I remember shorting RSH in 2013 to early 2015. Many longs were in denial and kept faith that Radio Shack would some how by miracle come out of the ashes and fly back up.

Reason why I shorted RSH, it was based on several factors one was their out dated business model which gave Radio Shack a tremendous disadvantage against their competitors, poor financials, a suckers finance structures that were in place by the creditors and the heavy out flows of institution running for the exits.

I don't get how many longs kept holding on all the way down until Radio Shack common was finally incinerated.

This should be a learning lesson. Do your due diligence!


JMO