There are SOME similarities and if you look at the DDS board 5 years ago it looks a bit like this one. It went from 4 or 5 a share to 80 recently.
Not saying this will ever recover but strange things do happen in this space. It's also a typical anchor in a mall and frankly is nothing special. I think their real estate saved them though. Penny's may not have that much of a portfolio in comparison!
Yeah as you mentioned DDS is different than JCP. DDS fell 3 and under when all retailers were suffering. However, I use DDS as somewhat unofficial leading indicators for retailers. They tend to go down first and recover first.
You are absolutely right on DDS and real estate. When the shares were 3/sr, their book (mainly real estate) were about 35/sr. When retail saw a sign of little recovery , they went REIT.
I assume you are from Colorado since you have Colorado_dude4u id?
Look at their Longmont DDS store. Sold it for premium? haha
The company is completely different than it was this time of year. The price has been plagued with rumors, because of course what else can they report on? This has been attacked by short sellers and not so much a company headed for complete disaster. We all know the sales will be better than last holiday season. The company brought some new life to their BOD, and are actively trying to recruit a full time CEO. They recruited, although it did not amount to a job, the CEO from Burberry. Does a company headed for impending doom try to secure such a figure?