The only way that this stock won't go under $100.00 is if Eddie Buys it -- I have charted this stock for two years and the really Big Dip is coming in the next three weeks - if you won it I would sell it
Also Eddie get rid of Lewis........... He is just plain DUMB -- and I mean DUMB
Based on stock price of both enterprises at merger, the $500M in synergy savings, repeated negative comps, lack of capital investment, etc. I would assert that the downside is near $56 after year end results. To truely re-invent this as a retailer would require nearly 13B dollars [4M x 3250 stores not year improved]...won't happen. Of course if Eddie announces the monotizing of real estate and proprietary brands all bets are off.