RSH: Phoenix From Ashes? Or Cigar Butt?
Radio Shack could, indeed, turn out to be not a phoenix, but a used up cigar butt. Perhaps it can't be saved, and there will be no suitors interested in acquiring it. That's why it's wise to keep these situations as a small piece of your portfolio.
Also, keep some Pepto-Bismol on hand if you don't have a strong stomach.
At the time of publication, the author was long RSH.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.