iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

LIQUIDATE IT

Everyone that I know hates radioshack. Their prices are high and their employees are stupid. There are rumors floating around this morning about a giant financing deal in place, perhaps by AMZN, to keep the remote control water boat vendor afloat (pun intended). If AMZN takes over the RSH footprint, I will begin buying puts on the stock immediately.

No one cares about those little stores, unimpressive and without purpose. They are relics of a time when kids played with walkie talkies and remote controlled cars.

Nowadays, kids want to play with apps, snapchat their stupid friends stupid pictures, and shiftlessly meandering about the house in search for things to do–whilst noshing on snacks.

I am here to petition, very early in the morning, on this day, to LIQUIDATE all of the radioshack stores and fire all of its employees–because a loser is a loser and they are going OUT (extra Glen Garry)!

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16 comments

  1. doubleplus

    Coffee’s for closers only.

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  2. Trent

    Hit the bricks, pal.

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  3. anton

    Put.
    That coffee.
    DOWN.

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  4. tradercaddy

    My Uncle Sam (real name R.I.P) owned one of the first Radio Shack franchises on South Side of Chicago in early ’60s (Tandy back then).
    I recall being a member of the “battery club” as a kid (thanx Uncle Leo).
    He sold Levis out of the store.
    He sold it when the entire South side of Chicago became a crime ridden hood of a dump (my Aunt was raped when she was in her 70s as they refused to move from the neighborhood).

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    • Dr. Fly

      I once had a client who bought Tandy long ago and it made him a 10 million dollar fortune

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  5. traderconfessions

    Love Radio Shack… they have all of the crap I need once a year. Today I’m going there to get a microSD card for a GoPro.

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  6. Brian

    launch points for AMZN drones

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  7. the pirate

    Be ye a scallywag Cap’n? What if I need me remote control fer me “water boat”?!? Arrrr…

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  8. matt_bear

    Sears, JC Penney, and Radio Shack are the last remaining general mall stores from the 80’s/90’s.

    They need to join Suncoast Video and Sam Goody’s. It’s past their time and the world has moved on.

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    • the pirate

      Sam Goody’s!!! LOL. Anyone remember ‘Korvettes’?

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      • fryguy15

        My fav was Coconuts

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      • tradercaddy

        I do.
        My Dad owned the stock of EJ Korvettes, Bell&Howell, US Steel, Polaroid, Monkey (Montgomery) Wards, etc.
        He would hold for years (until most went out of business).
        I recall his reading the business section of the paper and saying stuff like “Korvettes went up one eighth of a point.”

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  9. youknowitsme

    I’m going to Radioshack today to buy a CB radio good buddy.

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  10. fryguy15

    I’m always amazed that RSH still sells corded telephones. Who buys this crap?

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  11. Track Philosopher

    Another classic poor business plan – First to build out hundreds of locations to bring technology to America – flop.
    Like the leader in photography, Kodak, who, during the most massive increase in picture taking history went broke.

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