Why no commentary by the company concerning the impacts of the hurricanes hitting so many stores. If the damages were small they should let stockholders and others know this. If there was a meaningful impact they need to disclose this also.
I saw a Kmart ad today where people are jumping up an down on a bed. The odd thing is that the nearest Kmart is about 200 miles away. That seems to be a waste of advertising dollars.
More smart marketing by Sears/Kmart. I had stopped buying stuff from Sears and Kmart, so I get a email with new "surprise points"... A flat $20 if I go into a store and purchase clothing. Plus I had $1.94 in left over points. So I go to the store and purchase three packages of crew socks... Total cost a bit over $23.... Then they subtract the $20 plus the $1.94.... leaving me going out the door paying only about $1.00 Way to go Kmart.... you really know how to produce sales and profits. Waiting for my next offer of "surprise points"....
Quiet before the storm? This board's been dead for a week now.. and complete silence from the company. No news on anything at all. I wonder how their current cash position looks like and how well inventory for holidays is stacking up.
Company has been awfully quiet lately. $810M liquidity as of last quarter end. Likely more than $800M operating cash burn this quarter based on previous year performance. Q3 is now half over and I haven't heard any significant real estate or subsidiary sales or new loans. They were going to give Skelley a bonus for the "material externalization" of Home Services and he ended up leaving the company instead.
Look at Market cap it's melting quickly!just within days
Is today the day Sears hits 115 Rupees?
Sears stock dropping - time for Eddie to put out some more bad news to get the price up again.
New 8k filing... and then there were 5! Sean Skelley (president home services) has resigned:
"Mr. Sean Skelley, President, Home Services, of Sears Holdings Corporation (the “Company”), will be departing from his position with the Company in order to focus on his other business and personal interests. Mr. Skelley will step down from his role effective immediately and will assist with transitional matters through the end of the month."
To all my short sellers on here. I decided to pick up 10 contracts of Equafax yesterday. I bought 10 - Jan 2018 $100 put contracts for $6 each. Put in a limit this morning of $6.30 yea stock crashed big time today. The options are now worth $over $10 EACH! Before commission I made $300 bucks...had I just done nothing I would have made over $4000 bucks. MAN I'm #$%$ right now!But I really don't think Equafax is going to stop dropping. so if you wan some quick free money you might consider EFX puts.
Is today the day Sears calls it quits? $0.00 in sales and stock price? If not today, soon.
Between 2014 and 2016, Sears Holdings sold about $3.5 billion of real estate. Worth nothing 1400 more stores market cap of 800 m. Stay Tuned
The commerce department hit Chinese tool box manufactures with a 27+% countervailing duty effective 9/11/17. This will have a major impact on one of the only categories Sear/Craftsman is doing well in. The Anti-Dumping ruling comes down in early November.
Sean Skelley has smelled something big is about unravel!
come on SHLD.do I hear 6.. 6 now 5... the bidder in the 3rd row now bids 4
Gave up a few days ago. Sold my Jan '18 $5 puts at a 50% loss. Eddie - you win. I don't know how they stay afloat, well actually I do. It's called financial games and stock manipulation.
is today the day ........................... 115 its coming patience
So, Amazon signed a limited deal with Kohls. Big shocker that they would do a deal with a competent retailer who runs stores that people want to go into with both product and service. All of the folks who had the pipe dream that Amazon was going to ride in and save Sears, well, that dream is dead.
If Eddie gets washed out to sea by Irma, I will go long SHLD. Unfortunately, I'm sure he hopped on his jet and is somewhere far away from Florida at this point.
This board has the same number of visitors lately as a Sears store.