The administration is for private equity fraud. There is no way a moral person would allow the large shareholder to rape and steal from the small shareholder. 1/2 the supermarkets in southern cal 100 years of building them by shareholders, given away.
swy presently pays a 2% dividend. Furthermore it is a asset to the public. It would continue to grow and raise dividends. Management sold a company that is not theirs to their buddies. One a company is public is should remain public for life. A markup is not 20% it is 200%.
The Wilshire 5000 is down to about 3500 stocks. They are going after ANF now. Obama is clueless. Private equity needs to be shutdown to save the tax base. As private equity firms only survive because of the tax breaks.
You as a small shareholder have no rights, you can't ride this stock up to 100, the insiders have made a deal and there is nothing the small shareholders can do about it.
Government in the old days clipped coins and used the clippings to make more coins. Thus increasing the supply. Usually a capital offense if done by individuals.
Now these private equity geeks are trying to take companies without even owning the shares (
Krugman is a jerk. Keynesism is nothing more than coin clipping, nothing important nothing new. Make rich and greedy college professors get a real job and end the deficit spending that so hurts the poor so much.
You don't buy companies and take them private. The company is built up over decades by the public. SWY must tell cellulose to go play with themselves we will not be sold we are a public company.
They do not represent the shareholder, they represent the private equity firm. Hoping to sell the company for pennies on the dollar to their buddies.
There is a move to take this company by private equity insiders taking the rights away from the small minority shareholder. Furthermore they are saying they are doing this to help the shareholder. F them. Throw anyone associated with private equity from the board. Private equity means private. Like Dell the ticker will be no longer traded.
I think you can improve your stores with better checkout. You lose about 25% of sales due to slow checkout line. KSS has the best checkout in the industry, observe them. I also think you should merge with JCP. There has been some talk with merging with WMT which would also be good. No margins, no profit, no SHLD.