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.
Is today the day Sears hits 115 Rupees?
So the good thing is when you are self insured you don't have to fight with claims adjusters. In light of the precarious situation of this Co's finances ,their silence is quite remarkable, IMO.
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"....
I have watched this stock for over six year. I have no stake in this stock. I have observed some of the greatest stock manipulation in history. I truly believe books should be written about how this stock (worth nothing) can be manipulated by Eddie and or Berk to continue to be on the exchange. The SEC should be ashamed. Rocket Sears is a joke. Packer has a clue. This stock and business is only being kept around until the property can be moved for Eddie and Berk and others. Eddie knows the SEC and government will not take any action against him as a BK would leave all the Sears employees out of work and will hurt the employment numbers. Thus, ED has carte blanche. No Government agency has the $@&&S to call him on it. Every time Ed needs the price of the stock to go up he announces some BS positive news and then pumps. The Sad fact is anyone on this blog can see it and yet nothing can stop Big money. I raise my glass to Ed and Berk the finest manipulation ever!!
come on SHLD.do I hear 6.. 6 now 5... the bidder in the 3rd row now bids 4
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.
Now I'm wondering if I should jump back in and buy some more puts. But every time the stock starts dropping, some 'news' is released and it rebounds.
Just a hint Ed and Berk do not want this stock below $7 (remember the company has to but stock to pay Ed's salary at the end of the month so the price will go up as they buy). Just a concerned observer. We would not want Ed to get paid for his manipulation
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.
Ends green today.
Look at Market cap it's melting quickly!just within days
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.
is today the day ......................... 115 its coming Patience.
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.