With companies like yahoo, GM, HP, IBM .... it will be good for shorting
I bet he is doing that now. This is like Coke and AMEX in the 80s.
Sentiment: Strong Buy
My understanding is that they are only selling their products in the West coast and Japan. Do you think they have plans to expand in the east? Dividends are nice, but as a long term investor I would like see them expanding their market into the East, Canada and perhaps some other countries and channels. Most of their earnings are being used for buyback and and dividend. It would be great if they can deploy their earned capital to in sales.
One of the most important job as a leader is to confront the brutal facts. There is zero chance Hastings can compete with online retailers. The only rational choice is to slowly close down all the stores and return capital to the shareholders.