Because it makes money, unlike sears or amzn, which were both up today:)
Attractive:) especially on a stock with a $270 a share price tag.
Does it not? If not then why is JCP coming under fire? Prey tell.
You do have a point iamzolong in that in todays society extreme failure does get rewarded again and again.
Having said that, what kind of model is that?
reward the failure at the expense of the healthy?
Then again, we bailed failed banks, perhaps taxpayers bail a failed sears as well?
'Non profit organization'------ That's what the PE indicates, or in this case the lack there of... LOL
I think eddie is kicking the can, as long as he can, hoping and praying with each kick, until all the pearls are spent.
And how long will lenders support such nonsence?
Inquiring minds need to know...
'A fool and his money will soon part'
3 types of people. Those that make things happen
Those that watch things happen,
and those that wondered what happened.
Longs here are clearly in the latter imo...
Thats the new game, the fed.
Heads they win tails we lose. 3 card monte at its finest:)
I will bide my time. Speaking of dawgs, when those bonds get downgraded, again and again; the tripping of the debt covenants happens in a new york minute. Everytime. LOL, no matter how them books are cooked:)
Because it has nun:)
This too must be good for sears equity longs:)
wrong board.
This was announced today. I suppose a higher interest payment would also be good for sears:)
For the exit, only to find a single turnstile:)