oh the humanity ... longs jumping out of the jwn canoe again it seems today. Its as if: they were hoping to find a rabbit in the canoe, but found a snake inside, huh? What's the hurry fella .. water is cold in the retail-sea, isn't it? :-)
Sentiment: Strong Sell
Are we allowed to blame President Obama for any of the decisions he's made, or actions he's taken? The topic is about our President and how currently under him being Chief, consumers have less money to spend at JWN, then since before he took office many years ago. You seem to be evading the topic in an effort to defend the President, and rather spin it into something about how a tech giant is priced on the open market. The world is a poorer and less (far less) safe place to be now (except for the top 1%), due mainly to President Obama's utter and complete failure. It is concrete, verifiable and indisputable that there are more refugees fleeing for their lives right now, than since world wars. And, if nothing else, the unemployment rate for blacks under Obama, has like doubled. We wish he cut that rate in half, like he was elected to do, and then them and everyone else not even looking for work (lowest participation rate since the 70's) and all would have $ for JWN. Answer is ... VOTE REPUBLICAN!!!
"no one is shopping there anymore" REALLY?
When the quarter sales report is posted, just where do those SALES VOLUME FIGURES Come from?
Use a better phrasing of commentary such as "mall traffic is down" or "consumers have become more cautious in their buying decisions"
i was not talking about a show. management doesnt know what they r doing. but the ladies that work there do.........
and you r correct.
We don't need a TV show to tell us what's happening. The company just cant execute and no one is shopping there anymore. Over valued prices, so people are spending money on needs like home repairs.
On 11/3/15. this loser and so called "expert" (what a joke) Rich Ross of Evercore was on CNBC telling the world to buy 3 stocks 'signaling a buy' and 'bargain basement' prices: PRTY, FEYE & JWN. Specifically said to buy PRTY before earnings when on 11/3/15 closed at $16.18. The morning after earnings, PRTY plummeted to $11.20 This is an 'expert', or incompetent moron, or just a corrupt CNBC shill?
FEYE on 11/3/15 closed at $28.93, when by just 11/11/15 had plummeted to $21.67 in just horrific fashion.
JWN on 11/3/15 closed at $66.99, when yesterday has plummeted down to $50.43 in another horror show.
Of all the stocks to pick, this con man is on a national financial cable news show telling folks to buy 3 stocks, and all 3 as of now had you taken is wretched advice would be making you suicidal. NONE are up, much less soared, nor did they hold or go down slightly. And not like 1 plummeted, while the other 1 or 2 did well. All 3 picks by Ross as of now since he said to buy, are in the toilet, and indicate will continue to flush down. ALL 3!
Do we really need CNBC and this so called expert to blatantly mislead the public like this? How is Rich Ross on CNBC, much less still with a job, much less not in jail? If we want to buy 3 big losers, do we really need Rich Ross? Fact is, even an amateur in 1st grade could pick 3 stocks, that would be unlikely all 3 tank. After this documented sham, we petition for the immediatate firing of Rich Ross, and investigation into possible crimes, and by all means that he never show his face on a financial news show again for as long as he breathes
they aren't picking on Nordstrom's, they are selling ALL the retailers, because the consumer is effed and Holiday Spending is already in the toilet. $40's are definitely coming here, as early as next week.
This is not the problem with the store.The real problem is that there sales are all fake,the customers buy the items ,wear them and return it years later for a refund ..No one buys they borrow it use it and then they return it ..How can you have a business model like this
Well I made over seven percent on my trade in about 4 hours of trading time selling early this AM. Thanks for all your help
Before u blame Obama.........better take a look at BEZOS over at Amazon.........The Jeff-ster aka the HUCKSTER never has to show a profit on anything he does......Outfits like JWN have to........So the GRAND HUCKSTER gets a free pass.............Then again, maybe we should tell that to the SHEEP on Wall Street who cannot see past the BEZOS KOOL-AIDE. Wish my business could go on forever without ever having to make a dime.......
Sentiment: Strong Buy
Agree. There are way too many fat cats on their administrative payroll from the top down. It's time to trim the fat through the elimination of all unnecessary positions throughout all of their entities. Lean and mean should be achieved by year end including cutting headcount, trimming salaries and eliminating all unnecessary fringes/perks/bonus plans, etc.