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Future Predictions
radio shack, JC penny, or sears
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<blockquote data-quote="HDRKID" data-source="post: 91363" data-attributes="member: 43"><p>OK so radio shack, JC penny, or sears... which can survive. Hey, my answer is none.</p><p></p><p>Personally, I believe that radio shack will go bankrupt next year. That is what Steven Gibbs told me.</p><p>JC penny is not far behind and economists predict 2017 for sears.</p><p><a href="http://money.cnn.com/2014/09/16/investing/sears-loan-eddie-lampert-retail/?iid=obnetwork" target="_blank">Awkward: Sears borrows $400M from its CEO - Sep. 16, 2014 </a></p><p></p><p>I did say in 2005 that radio shack would go bankrupt due to our poor economy. I did not give a year.</p><p>That said, I did say - not this decade, but the next one. That means I have until Dec 31, 2019.</p><p><a href="http://www.forbes.com/sites/maggiemcgrath/2014/09/11/in-quest-for-more-capital-radioshack-warns-of-bankruptcy/" target="_blank">In Quest For More Capital, RadioShack Warns Of Bankruptcy - Forbes</a></p><p></p><p>Another store that is not on my radar is office depot which just recently had a merger. That was with office max.</p><p></p><p>I believe it will also go under, but not sure on year. It looks like a ghost town when I go in.</p><p></p><p>[MEDIA=youtube]Q2POB7p-1N8[/MEDIA]</p></blockquote><p></p>
[QUOTE="HDRKID, post: 91363, member: 43"] OK so radio shack, JC penny, or sears... which can survive. Hey, my answer is none. Personally, I believe that radio shack will go bankrupt next year. That is what Steven Gibbs told me. JC penny is not far behind and economists predict 2017 for sears. [url="http://money.cnn.com/2014/09/16/investing/sears-loan-eddie-lampert-retail/?iid=obnetwork"]Awkward: Sears borrows $400M from its CEO - Sep. 16, 2014 [/url] I did say in 2005 that radio shack would go bankrupt due to our poor economy. I did not give a year. That said, I did say - not this decade, but the next one. That means I have until Dec 31, 2019. [url="http://www.forbes.com/sites/maggiemcgrath/2014/09/11/in-quest-for-more-capital-radioshack-warns-of-bankruptcy/"]In Quest For More Capital, RadioShack Warns Of Bankruptcy - Forbes[/url] Another store that is not on my radar is office depot which just recently had a merger. That was with office max. I believe it will also go under, but not sure on year. It looks like a ghost town when I go in. [MEDIA=youtube]Q2POB7p-1N8[/MEDIA] [/QUOTE]
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radio shack, JC penny, or sears
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