Hillary has been designated the first woman president.
She stood by her man & waited her turn.
The chump change from Wall Street she deserved to prevent her having to shop Sears for her pantsuits.
Sentiment: Strong Buy
considering Chou was buying back in end of 2007 (202,700 shares ) at about $110
and added another 100,00 shares in the $80 to $100 range , and been adding down to the $60 range
I think we all know who the "Moron " is
maybe you think Chou buying SHOS at $14 , or SRSC at $9.50 was brilliant
Chou is losing his ACE playing with SHLD , just like Baker Street Capital did
"playing with house money " has a lot of Truth to it
Berkowitz is doing the same
Eddie is trying to keep it from tanking , and he may have his hands full
SHOS broke thru his grips
SRSC looks like a goner
when LE reports , he will be busy their also
You can't remember that Sears stock wasn't above $40 three short months ago and I'm the moron? Thats why you don't post any original thoughts and do nothing but call people names - you're incapable of a coherent, adult thought. Go practice reading without moving your lips. And buy a calendar.
Yes below the book value of goodwill, Actual goodwill is worth about 2 dollars per share.
Most women would rather shop at Goodwill rather than buy their clothes at Sears. That should show you in a tangible way how much SHLD's goodwill is worth. Sears' and Kmart's respective names are mud among shoppers under forty. SHLD's efforts to 'transform' to an internet sales model is doomed due to the millions of bad customers' experiences at the brick and mortar SHLD stores. ☻☻☻
Not even sure why that tool is even on this board. All he does is name call. Hope he adds some value to society somewhere since he is such a waste of time here.
Wall Street on Parade-1/31/16
According to the Center for Responsive Politics, among the top five largest lifetime donors to Hillary’s campaigns, Citigroup tops the list, with three other Wall Street banks also making the cut: Goldman Sachs, JPMorgan Chase and Morgan Stanley. (The monies come from employees and/or family members or PACs of the firms, not the corporation itself.)
Hillary Clinton famously told ABC’s Diane Sawyer in 2014 that she and Bill Clinton left the White House after his second term “dead broke.” But apparently, Citigroup felt they were a good investment. According to PolitiFact, Citigroup provided a $1.995 million mortgage to allow the Clintons to buy their Washington, D.C. residence in 2000. That liability does not pop up on the Clinton disclosure documents until 2011, showing a 30-year mortgage at 5.375 percent ranging in face amount from $1 million to $5 million from CitiMortgage. The disclosure says the mortgage was taken out in 2001.
Citigroup has also committed $5.5 million to the Clinton Global Initiative, a charity run by the Clintons. It has also paid enormous speaking fees to Bill Clinton.
What has Citigroup gotten from its outsized support of the Clintons? Bill Clinton is the President who repealed the most important investor protection legislation of the past century, the Glass-Steagall Act, an outcome heavily lobbied for by Citigroup. Hillary Clinton has signaled to Wall Street that she will not push to have the Glass-Steagall Act restored while her leading opponent, Senator Bernie Sanders of Vermont, vows to restore it and return sanity to America’s financial system.
Just nine years after Bill Clinton signed this massive deregulation of Wall Street and gave Citigroup’s Sandy Weill a souvenir pen from the signing, the U.S. financial system collapsed in the greatest implosion since the Great Depression.
On September 30 and October 1, we bought 261,548 shares of Sears Holdings when it was selling at a depressed price of just below $25. On October 24, we sold 200,000 shares at approximately $40.25
I imagine he wished he would have dumped it all now
Where do they find that help?? The REHAB Facilities my god what a horrible shopping experience.
I completely agree there could be a short squeeze. But in these situations where bankruptcy is a real possibility you're risking a lot of capital for relatively limited upside. I personally hope there is a decent squeeze since I will add to my basket of puts, particularly if it gets to the upper 20's.
Good post. My sentiments exactly. Someone show me how the remaining 420 stores or so are worth more than 4 billion. Forget the Baker Street report, that was pie in the sky. Sell naked calls.
Sentiment: Strong Sell