No one with two good brain cells seriously considers holding SHLD at this point. SHLD is nothing more than a slow-motion corporate suicide. ☻☻☻
Let's hope that this psychopath rocket boy DOESN'T own a gun. He is a basket case desperately crying out for HELP.. ☻☻☻
You nailed it! Sears and Kmart have been tossed onto the trash heap of retailers. Eddie can not stop the meltdown at this point. ☻☻☻
The headline never changes, only the date reported and the exact amount of losses varies. Lie really sucks for SHLD bagholders. ☻☻☻
It's coming. Patience. ☻☻☻
"Not everyone sees the wisdom of the deal, however. “Here you have two retailers who are doing badly right now and who don’t really see a clear way to pull themselves out of the downward spiral,” says Wharton marketing professor Stephen J. Hoch, who heads the school’s Jay H. Baker Retailing Initiative. “It’s hard to fathom how combining them is suddenly going to produce a new entity that will do better. That’s tough to do, especially because the competition, including Wal-Mart and Target, isn’t exactly standing still.”"
It seems that the critics were right. ☻☻☻
Times almost up for SHLD. ☻☻☻
SHLD is trying to revive its sales by employing those who used to shop at Sears / Kmart. They have a long way to go. ☻☻☻
"What does this all mean for Sears? Bloomberg quotes Evercore ISI’s Matt McGinley, who calls chances for a turnaround “very dim…they’re still burning a tremendous amount of cash, and it’s actually gotten worse year over year.”"
Cash negative companies are how bagholders are created. Enjoy your lumps. ☻☻☻