RadioShack Corp. is a chain of electronic retail stores. Although everything seems very good, I will not buy this stock. The previous close was at 23.04 and the days high is at 23.51. The days low is 22.71. The 52 week High is 23.91, and the 52 week low is 9.11. When looking at the charts, although at times the price would decrease, it is always followed by rapid increases, which would be beneficial. However, i chose not to buy this stock, because according to moneycentral.mcnbc.com "Radioshack may face serious challenges from more diversified stores like bestbuy...". (http://news.moneycentral.msn.com/ticker/article.aspx?Feed=BW&Date=20100302&ID=11190808&Symbol=RSH) This means that it has the potential to decrease significantly, and its competitors will do better. therefore it is better not to buy, because if people chose places like bestbuy, we will lose money. for that reason, i will not buy.
Elvira Huseynalieva
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