RadioShack: Don't buy our stock, it's worthless

You can still buy shares in the bankrupt retailer RadioShack, if you really want, but even the company will tell you there really isn't much point.

More than 1 million shares of RadioShack stock traded Thursday, closing at 18.45 cents. It went as high as 37 cents in the last month.

But the company, in a statement Thursday, stressed that its stock will have no value at all at the conclusion of its bankruptcy proceedings.

"RadioShack said 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.

RadioShack filed for bankruptcy protection on Feb. 5. It has since closed stores all over the country.

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