dolt_nacht is the worst.
So CDE prints a new multi-decade low today ?
When does this company stop giving away silver....shut down most operations....hoard cash... slash pay of the top 10 executives, and after a few quarters....start buying back the stock on the open market ?
Retail is toast, Christmas is cancelled, your entire 'merchandising' model is failing.
Welcome to the new world.... Macys......Amazon and Wal Mart keep eating your lunch!
wrist watches are toast, I told you patsies that several years ago.
The book value on this peddler is less than $18 per share....enjoy the elevator....down!
Natural gas prices are already written down....into the dirt....so to speak.
LP ? Why ? Who wants this inside an IRA....it's twice tax sheltered which makes it ridiculous to hold.
Ya think the wise guy Simons will collect as much rent per square foot when your malls get converted into Amazon distribution and drone hubs ? Malls are toast.....the great wave of middle class boomers and preboomers buying useless stuff on credit cards is waning. I laughed as the Macys CEO was explaining on CNBC how millennials are going to save Macys. Some of them might come into Macys to look at what they intend to buy online...and I don't mean Macys online!
Gee.....lowest interest rates in world history....unemployment supposedly down to Fed acceptable levels....deficit spending by Uncle Sam.....import prices down due higher US dollar (most everything for sale a Macys was produced outside USA) and yet we have the primary mall rat not doing well. Could be a symptom of the decline of malls.