Confirmed: The transition in retail is accelerating.
Agreed. About half of the stores in the SHLD portfolio have been closed over the last ten years an yet....some investors keep talking about how that's a great thing.
Alright, let's do the math. How much is the real estate worth for the 78 stores that are going to close this summer? Is it several bazillion dollars?
On the way to zero. Patience.
No worries. Tell me again, how many zillions of dollars is the real estate worth according to some shareholders?
Sniff, sniff sniff...smells like a new 52 week low.
Ride the SHLD rocket right into the ground at 500 mph.