RadioShack Corp. reiterated its belief that there will be no recovery for any holders of its common stock in its pending bankruptcy proceedings, MarketWatch.com reported today. The failed consumer electronics retailer made its statement in light of the trading volume of its stock, which closed yesterday at 18 cents, on volume of 1.08 million shares. It had closed as high as 21 cents earlier this week. RadioShack said that it believes that the claims of its secured and unsecured creditors will not be fully satisfied, leading to the conclusion that RadioShack common stock has no value, the company said in a statement.
