look how many Kmarts and Sears are getting hit with eminent domain
look at how many other stores have real estate for sale, and a lot of them "Actually own the land"
Sears , you are getting a ghetto on some one else's REIT ....GGP...SPG, etc
the REITS want them out !!!
in the financial press. As this news spreads to the general consumer they will no longer shop at Sears.
consumer: I'll just wait for the going out of business sale.
Very likely that we are seeing the beginning of the "death spiral."
that has done well when it has had a management team that is deliberately cheating the shareholders. Other than a short-term trader who is operating on the greater fool theory who would possibly want to own this stock?
Not shorting. Either retail selling because of the drop, or because anybody who has ever been involved in large deals, went to school for business or read a book without pop ups would look at the terms of the deal that fast eddie drew up for Sears and know there are very very few and unlikely ways this can end well for the Sears and any unsecured creditor (like common share holders). This price drop can't be from the shorts.
Anybody know whats up?
Please no response from the bug eyed ,short goons who type furiously from the basement in stained t shirt while mom yells "Sparky move out of me basement.... I cant entertain me gentleman callers with you lurking about!'
Thanks for your time