Replies to post #4706 on RS Legacy Corp. (fka RSHCQ)

[Green_Goblin]

I like your style.

[ASimEE]

Honestly, I highly doubt a buyout is probable.

Despite being a "worthless" company, as some posters have been touting, RSH still brings in billions in revenue each year. All they need to do is cut operational expenditures and close under performing stores and they could be back in the black in a couple quarters.

Not sure why its so hard to execute a cost cutting plan, except for the lenders have been putting up road blocks to closing stores for the past year, furthering RSH's losses.

Oh, and the executives should take a HUGE pay cut for essentially running RSH into the ground. They should not be rewarded for losses.

[Nebuchadnezzar]

would it really be for the brand? or for ALL THEIR LOCATIONS???

the volume here doesn't convince me of entry here in either direction, but the fact that they have no filed yet is peaking my interest here.

if we saw 10-15M in volume I would be more inclined to think something was up. volume is weak at $.30's this is just traders playing $.01 moves.

someone with big money could buy the entire float and take it private and do whatever they want with their locations (the ones that are owned, and not leased.)

watching very closely, will add if $.25 comes back or teens for quick trade