Sasha Singh
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RadioShack(RSH) : The Stock Seems Ugly

Radio Shack is struggling to make presence in the market. Because of the weak consumer traffic the store sales have fell almost around 19% in the fourth quarter. And now the retailer is planning to close its poorly performing stores. The stock is down almost 23%. CEO Joe Magnacca pointed to the intense discounting by rivals, low mobile phone demands and operational problems as reasons for the weak sales. The debt is now totaled to $614 million and will mature between 2018 and 2019. Too much debt is also not good for the company as it increases the future obligations.