The only reason I keep him on the board is to stick needles into him. He thinks he is treading on the yellow, brick road but he must realize that it is pyrite, not gold. Eddie is his wizard but the curtain is being ripped to one side.
A Hedge Fund wunderkind but a terrible bust as a retail wannabe. It is a shame that he did not stick to that which he did so well for so long.
Peter Panhandler earned his way on ignore, yesterday, by posting 56 times in 2 days. If that is not one of the hallmarks of a pumper I don't know what is.
Shorted 10K shares 6/30 at 29, covered 7/9 at 23.50, do the math. I left money on the table but do not feel bad about that. Dead cat bounce is overdue but the way it is trending with everyday new lows it may not happen.
How about some financial FACTS to back up your wild-eyed, blue sky optimism? Do what your predecessor. rocket was unable to do.
I know of no one, Eddie included, who holds a short position as a long term posture. As a matter of course my shorts have been in the 7-10 day duration which is quite common. The interest charge is nominal and the profits usually meet my expectations. I do not go in looking for a killing, just a decent return and get out. And, yes, I have left money on the table more often than not, but I would rather be a bear than a pig.
That's odd. My brokerage account shows a NET gain in the low 6 figures.
The only other major short was WCOM which gave me a NET gain that paid my daughter's Law Degree in full with no borrowing required.
And you are still a mindless boob throwing out unsubstantiated numbers with a total disregard for the truth.
On the rare occasion when I do short a stock the cost of borrow is easily offset by the gains realized. The cost is certainly not anywhere near as great as the beating you have taken by believing your own lies.
I called for an intraday high on 4/1 at $46 and change as being the new 12 month high come November. I think that your $17 may be realized before November.
Meanwhile, the 3 Stooges (Rocket, cwtwit & kmartz) have been under water for so long the now have gills.
The market has already accounted for it, and said it is only a stop gap that buys them a year. The business model is doomed and all that is left is for ESL to transfer the remaining assets, sans cash, to his wholly owned entities that are not encumbered by SHLD, wait six months and file. Thank you for all the free money you have promising.
It is not going to happen, just like it has not happened on your previous nonsensical posts. All you need to do is review the stupid drivel and outright lies that you posted during the month of June.
You are sop stupid. You have been saying the same nonsense every time the stock drops. Eddie will not buy this out, he has already moved the primary assets out of SHLD on the cheap and will profit from that. As things stand he has more to gain by stringing this out for a little longer then flushing you and the rocket down the toilet.