I took a speculative long position in shares of RadioShack (RSH) at $0.85 on the asymmetrical chance of a successful turnaround making this a 10 bagger. This is like taking an outside jump shot to win a championship. The odds are really good for what you have to risk to make the bet. You can read all of my thoughts at SeekingAlpha HERE in my feature article:
- Recent analyst price target of $0 signals extreme pessimism.
- A worst-case scenario is already mostly baked into the share price.
- Stock trades at book value with no goodwill or intangibles.
- Realistic potential for 1000% or higher share price appreciation.
- Unique partnerships signal potential future growth opportunity.
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