Where's the Imperial analyst with the $6 price target?
I wonder if they'll change their model as a result of the company selling 14 of their thousands of stores this month and generating at least $6 a share instantly (tax free)... Every wall street analyst has sell rating with average price target 25 bucks. These guys simply lack common sense
Analysts are idiots and just followed sears down and will probably now follow it back up
HOWEVER Sears has no value. $6 is to much its worth $0 if it doesn't break up today it will continue to lose more and more value with their massive losses. what did they lose $1 billion adjusted last year that is not sustainable.
Just by your post, you have demonstrated you lack of knowledge of basic financial principles....when everyone in the room, who are far more intellegent than you, knows something and you dont...well, you deserve it. Go long, oh great smart one.
I fully admit I do not not know nearly as much as the smartest guys in the room, however, I'm smart enough to know berko and lampert are the best of our generation, and I'll ride their coatails ALL DAY LONG!! (At your expense of course)