Stay away from M, it bombed and cost me $250! The guys over at Ultimate Stock Alerts (do a Google search for them) gave me a rescue pick
Fastest gains I have ever made in trading and I couldn’t have done it without Ultimate Stock Alerts (do a quick search in Google for them). They saved my bacon!
I am avoiding M, it’s been tanking for too long. I am now playing alerts from Ultimate Stock Alerts (find them in Google search)
FNRG set to get big exposure after confirming $1 million LED lighting deal. Analysts believe it can go all the way to $10; what say you?
Agreed. I initially purchased the stock because I am a lifetime Macy's customer and believe their model, combined with the consolidation in the department store segment, is a major advantage for them. Never, ever would consider JCP on the same level.
Maybe you should do some research before throwing out bad information on here.
The vast majority of Belk stores are not located in oil producing states.
Belk is headquartered in Charlotte, North Carolina...hardly an oil producing mecca. LOL
You don't have any idea what a selling price could be...just because Belk is rumored to be worth about $4 billion doesn't mean that's what they'll get.
Belk has 297 stores.
Macy's and Belk compete in some areas...Macy's could close the Belk stores competing in some local markets thus generating more traffic at the Macy's stores.
And don't forget where people are retiring....in the South....so if Macy's isn't interested in senior citizen money then keep building stores in the dilapidated Rust Belt.
BTW...it has been a while since 6 foot snows have impacted winter business in the South.
Target is not even in the mix here...Macy's, Nordstrom's, and private equity have shown interest.
You'd be interested to know that Belk bought out quite a few Saks stores a few years back...so implying that Belk is just a run of the mill "Target type" store is totally bogus.
Belk is pretty much a private company...so it could go cheap since there aren't uniformed stockholders like you to deal with.
Target to Buy Belk.... NOT Macys.. This is why......Belk is in discussion with GS about selling there southern retail business. They of course want to sell at the HIGH... M is moving as one of the possible buyers. This in fact could be devastating to M if they buy.
The South will take the biggest hit in retail in the next 6 months due to OIL and loss of jobs etc.. This Company wants out do to the future that could crumble much sooner than expected. GS is trying to put out there that M is the buyer or JWN.. NOT SO..If anyone it will be TARGET or other smaller non-expense high end retailer.... IF M buys this over priced seller you could see $30 & change by year end.. could lose 1/2 of its value.
I wish yahoo message boards are more intelligent source of investors opinions . I keep seeing people comparing M to JCP. They are both very different stores. JCP made huge irrevocable mistakes.Ron's arrogance and ego to come to terms with customers wants was the major mistake. Where as Terry is recently named as one of top 10 CEOs in world. In fact it I hoarded on this at 10 only after seeing his interview..the guy clearly is passionate about fashions. I also shop at macys for entire family..clothes and house section. They are reasonable and quality for middle class like me.