strong dollar making softline sales more profitable...this is a business environment well suited for Sears..
think Mr Sozzi has a large short position here?????.....Anyway, I have a small long position..I won't sink if this does!!..Went to Sears at North Riverside Mall in near west Chicago suburbs..Store very busy with long lines and MANY, MANY MEXICAN FAMILIES!!..True yesterday was a busy shopping day in the mall(?)..but I still think the Sears good name in Mexico, is translating into many new and loyal customers in this huge growing wave of our population. How this fits in with Sears chances for survival..I don't rightly know!!
short position going to extreme lengths to try and sour the street towards Sears.
this stock has a lot of future..and will not sell off this afternoon (IMHO)..so don't wait for that...many shorts to cover, and many will wnt in.......this will have a good year.......THIS IS IN THE 3RD INNING!!!
this is the preferred sandwich/soup/salad shop for young people here in Chicago and burbs.......Panera popular also....but the young have taken over this place.....growing, growing..!!!!
obama..best president in history...the job gets more and more complex each decade....like Jack Johnson the great boxer WRONG COLOR FOR MANY WHITE MEN!!!
do you think Sears has a good surprise coming for earnings report..or is this updraft in anticipation of longterm prospects with REIT, etc??......If earnings has a surprise, this could shoot up 10 points in a heartbeat. Do the shorts realize downside is limited by so much ownership by the principals here??..Seems holding thru earnings would be dicey short......just too risky!!..IMHO
not finding the good news is a bit naive, no offense...I don't know what is going on for certain with Sears..but often stocks are moving on news not known to us little guys..investing 101......I have a modest long position (I don't keep large positions in anything..been burnt too often)
look at history..small group rides this up and down..don't fight them..join them!!!..still time to short this and make a few bucks!!!!!!!!!!!!!!
ZACKS advising to buy is a contrarian indicator in my book..This is going down further for sure. Betcha!!..Price action next month down !!!!!! My humble opinoin, I don't trust them!!
can anyone tell me why he is so interested in fighting this stock from going up??..What can be the reason??..Does anyone have a clue?? Cramer is a powerful man on Wall Street I wonder if we longs have a chance against him?? He may be stronger even than the mutual funds who are in Sears!!! Eddie is powerful also, but can he stand against Cramer?? We will see!!!
Macys, (my favorite store in the world is our beautiful State Street Chicago Macys) announced today after the close of markets that they are closing many of their stores...Sears doing this is just a sign of the times So much business going internet that stores are being closed by many companies. Sears is on the comeback trail. Short position getting deperate
with the dollar strength developing thus making purchase of foreign goods more profitable, and the drop in oil giving working class more spending money, and the drop in unemployment, and the hoards of Mexican families coming to U.S who are familiar with shopping at Sears Mexico, the high price estimate of 150 may not be far off