Their core business is catalog retailing. Catalog retailers have really skimpy margins and they are 'commodity based'. Catalog retailers have also been around for hundreds of years. I understand amzn is also 'drone' based, but that's another story.
Do you remember he had that bear stearns ceo on cnbc the night before it went bye bye? The ceo was saying again and again and again how this would never go under... Amazing stuff...
Just like a really good Dr. sues fictional story.
Technically, whats your opinion on that broken down head and shoulder that's crying to break down another 60$ a share from here? Don't be afraid, do a 4 month chart:)
And 'they' are trying to slow the rate of decline on call later today. Been there seen that. This one is connected to 'them'. Naturally, this is all my opinion only.
30% declining SSS YOY? That's as big as I have EVER SEEN.
Institutions are just too busy at the local country clubs playing golf, eating steak tar tar, drinking chateau lafite to take notice. They will start their down grading come Monday. Watch.
Man I am going to regret that.
Look at amzn. Same thing, perhaps even worse. All I gotta say is that the PPT is gonna be working harder than a room full of gerbils at a gay convention this week:)
Its not like Ron Paul is running... Both idiots are pro-fed.
Of coarse that's my opinion as I have no holding here at all.
'Fixed'. Please PPT get out of the way and let true price discovery take place for once. Propping up failure is rewarding failure...
She gonna be in the 300's soon enough. Even with PPT help... After all it takes years to build a reputation, and mere weeks to destroy it... You figure that out. This thing could rival amzn as becoming the short of the decade imo.
Fundamentally speaking, $200 a share is being generous here. They had 30% roaching on same store sales. That's a big deal. What part of a rapidly declining model do you not understand?