Replies to post #4903 on RS Legacy Corp. (fka RSHCQ)

[bar1080]

For several reasons larger investors dumped RSH as it fell below a buck. Standard General is dabbling with it but SG is a very small hedge fund and from what I can tell it is allocating just a sliver of its assets to RSH. And I think they're doing that more for publicity. Large funds, and even wealthier individuals, usually want no part of an illiquid microcap (albeit a recent one) like Radio Shack especially when trading moves off an exchange and into the sleazy hands of OTC MMs.

My stock holding are all what I call "Big Boy stocks"... stuff like Boeing and 3M. Understand that flipping microcaps like Radio Shack becomes infeasible with larger portfolios.

[Lotto123]

Agree 100%...
Of course there needs to be a mix and shorter term opportunities like RSH are not what your portfolio should be based upon fully at all. Never invest what you aren't willing to lose at a 100% loss.

Excellent point, no one wins 100% of the time and anyone who says they do, well they should write a savvy investing book on it.... 70% has been an acceptable level and when it hits above, it's just dessert. :-D Trick is to let the winners run out and cut losses quick.

This place is a haven for sour grapes of those who bet more than they should on a turd and came up short. ;-)

I'll look for Taleb in audio, only thing I can read now are Disney books without complaints from the bleachers here.... :-)

Have a great day!