a few times on CNBC today, he was asked to comment on the mess at SHLD....and he immediately shifted the topic to Wholefoods. This from the man just a few years ago was lauding Lampert as the next Warren Buffet and that every parent should buy their kids at least one share of SHLD for the future!
he'd rip the kids off
decline in 10 year treasury rate...this reit is in essence a bond. When rates rise, the stock price goes south.
MM apparently does not think the shareholder's are worthy of such disclosure? Who the heck does she think she is? I was willing to give her the benefit of the doubt, up until now. Not any more!
won't be missed
you make good points...though I admit to being somewhat mystified by its recent price volatility. Could be a liquidity factor or even a seemingly close correlation with the 10 year treasury note - who knows?
'Mr Market' told us NOTHING. Mr Market is a computer algorithm programmed to buy/sell at peak trades. Nothing to do with price discovery or individual stock valuations at all.
what I am saying is that BIIB was grossly overvalued when Cramer made his rec...he passes himself as an entertainer of sorts, when in fact, he is giving investment advice to millions of viewers on is so-called 'Mad Money' show - which, paradoxically, is well named!
no worries, mate. Earnings will (most likely) surprise - to the upside. At least that's what I'm banking on. Bought a #$%$-load of 2016 $4 calls. Picked 'em up for only 10 cents apiece. Better odds than Vegas, me thinks!
Lampert should have stuck to quoting Ayn Rand...and never been allowed within a mile of a Sears store. And as for Cramer, does he still have SHLD in his mythical "charitable trust"? I can't stand that shill...
all the REITs are getting facked....clue is in the 10 year treasury. There seems to be an inverse correlation (just like in a bond).