It is over for this product for diet
Because there is no institutions interested in buying the research as the stock is controlled and manipulated by 2 owners.
It is like Amazon except with higher prices, poor service and no sales.
Add the one time 95M vendor give back into the data as a loss and operation results were almost the same Y/Y. No turn around.Same old operation, just 25% less sales.
Chain sales will be down MORE than 25% from last year. Worse than last quarter.
love, I held RSH short for years all the way down. Same idea here. The date of the BK here is to be determined by the pension guarantee insurance folk and the suppliers.I try to short only stocks that have no fundamental way of surviving.6 months later the employees are better off as well as ripped off customers
sl, I understand the employee theft but why shoplift at Sears? Lack of security? Who would want that stuff? Must be very low resale value. Cops see that sht at the swap meet they know you stole it because no one would buy the first place!
See the proplem is when the facilities go from 70% to 80% excess capacity you don't ever make a profit.
All that money from the 3 partnerships gone by the 4th of July. Just like a snap of the fingers. All gone. Bet they are cutting margins to move the inventory they could not sell last quarter too. Winter clothing does not sell well after the 4th of July.
68 are Sears stores, the others various KMart, specialty etc. How much do you think the owned stores are worth? PS Everything else is up for sale on their site.More empty coming too as low end Malls close.
The hits keep on coming. Over $4,000,000 a day in losses. No changes just keep on the same path
When you buy VVUS at under 6 bucks and sell on average at 18 and short the sht out of this all is good erin
They had one billion additional inventory unsold at the end of last quarter . They are going to cut margins to move it .Appears no additional advertising dollars either. Do they realize many of those emails don't have a customer on the other end.
Juan I retired at age 49 FYI, by making "money" I need about 6M in assets earning a 4% return to have adequate resources going forward as I do not live in a cinder block house.
I think Canada may have issues building Christmas inventory. They raised cash by selling RE but total cash on a straight line basis is enough for 10 months operation left IF, IF ,If suppliers play ball.