DINGMAN good play, I too am ready to unload some shares, most likely may 14th when the market opens before shareholders meeting. I will dictate my price not the markets in an all or none deal. I will not unload it all.
Then will put my money to work in another retailer, don't ask. If this does hit 70's thats when i will unload the rest, although I sincerely doubt it.
no doubt that wal mart ignited the retail stocks but look at the increases today. wmt up 1 5/8 s up 2 9/16 sears got a good plug by some analyst being interviewed on cnbc today, said it was his number one pick bar none among the retailers. no hesitation in giving his answer either. even repeated it a second time with conviction. sears stumbled last year with the credit and automotive deals. that took away the spotlight on the transformation taking place at the co. those events are behind us now and sears will get the recognition it's performance warrants. sears is a money machine. the stock is up 30% since the first of the year. rmarris, i think we will be quoting you soon on that 70 prediction.
It was Wal-mart that pushed all retail stocks up today according to CNBC. When Sears announced the 1st quarter earnings the stock went down and all others went up. Today wal-mart results were better than expected much like Sears and everyone's stock price goes up. I think chris might be right on this but I think it will hold out more till after 2nd quarter. Historically that is when the stock has fallen back a bit.
KASHYG this is why you will always be a sales clerk for sears and not a salesman. I said in my previous posts this stock will go into the 60 dollar range once annual meeting of shareholders rolls around, well guess what jewlboy is right once again, for your info shareholders meeting is may 14th you half a retard. After the meeting stock will float back under 60's and you can take it to the bank. Go back about a month ago I predicted it will see 60 at annual meeting time. What a double loozer you are.