47/Wall St – Shares of struggling electronics retailer RadioShack Corp. (NYSE: RSH) were up more than 16 percent on Wednesday on news that a hedge-fund manager who likes investing in troubled companies has taken an 8.1 percent stake in the company.
The question is if Jaimie Zimmerman’s stock purchase in RadioShack means the worst is over for RadioShack. The short answer is the odds don’t favor a comeback yet. And it may not come at all.
