some independent contractors barter for compensation masking the total employment at any time. Th numbers of people participating in the underground economy varies too.
When you take out the demographics of more people retired and thus would not participate we are about 1% off the norm post WWII. So does it matter? It can be argued a higher under the table economy of more independent contractor workers can account for that difference or more. I thought Christians want more stay at home parents anyway? Private labor force has never been bigger than now FWI.
In this case Bruce was late to the party that Sears and its properties were going to both lose a lot of value. Sometimes the real value of value stocks is #$%$.
If you go to the Sears Corporate website SHLD you will find 1700 properties available for sale or rent and nearly 200 vacant. Just click on the real estate link and educate yourself. Al but 2 stores are available. Vacant land for sale too in the middle of nowhere
So why does no one want the land JOff? It is in bad locations time passed by. Plus you have to pay big bucks when you release the asbestus with the bulldozer
shut the doors and hand everyone the cash is the best play for longs. Dilution coming moving this very low. FDA wont allow clinical trials on humans without funds to protect and monitor the participants for years. ARNA doesn't have the cash to do that will burning cash.
Bruce does not have access to information you don't. There has been great work done last year on this subject showing the classification of each Sears owned store by location and the class of location , from A++ to C. Additionally the value of those stores by mall value for a anchor tenant by class of mall. The good stuff has been sold off. The remainder owned is in low sale production sites with little value compared to the RE sold. Only the top classes of RE A++A+A,B+ have substantial value in the RE. Other malls are just dying off with few takers for the buildings.
"Berkowitz has had a rough few years, but clearly he's a smarter investor than me,." Not necessarily. He swings for the fences and often strikes out.He has suffered huge losses and funds outflows. I think the man talks #$%$ to try to keep his funds afloat.
buddy, it doesn't work too good.
25% of Republicans say they wont vote if Trump is nominated. The independent voter wont support Trump in numbers. They are often old Republicans who have left their party in disgust but won't register Democrat.
If I recall i remember the Republicans recently on the campaign trail taking about nuking them. Who is worse with that talk. Don't forget America overthrew Iran's last democratically elected government so the oil guys got their own in power. When was the last time Iran overthrew American's government? We brought the hate on.
If you read the article it goes on to say other Fairholme funds are selling SHLD at the same time. Back and forth. Is this called stock manipulation?