No service, no technology.................no buyee.
So marthas conning ron who is conning the board. And I supose vornado (the property experts) sold half their stake because the current going rate for commercial property looks valued right on their books.
Explain to me just how that works - - - Vornado(leading mall/retail property investor) sells a stake which is so valuable someone snaps it up - - - - - the rumor du jour is "Selling real estate to raise cash" - so we get more cash to burn since the stores aren't experiencing the sales increases everybody is posting - - - - now we have several billion in debt which we can go into BK without any of those silly assets to mess with - - - - but it's going to buy us enough time for Ron's vision to be implemented in 500 of the 1100 stores(per 8-k) which is going to generate enough cash to give Ackman his 18 bagger ?????????
It's seems like someone is building a frame house without any nails - - WHAT AM I MISSING - - - - - Vornado and I want to know - - - - -