Down about 10% today. Hit a fresh 52-week low.
If I didn't know better, and I felt that department stores weren't a good investment in this modern age, and I didn't have complete faith in Eddie Lampert, and I wasn't totally optimistic about the future, and I wasn't being sarcastic, then I'd start to suspect that there might be a long-term pattern forming here.
Good thing that I'm none of those things! D'oh!
Pillars of retail department store strength, baby. That's what I'm talking about. Again.
Schedule for Week of April 21, 2024
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The key reports scheduled for this week are the advance estimate of Q1 GDP,
March New Home sales and March Personal Income and Outlays.
For manufacturing, ...
1 hour ago
5 comments:
I have a position in Kohl's (KSS) as an exception. So far that position has been BOHICA. ;)
The BOHICA position can fletch a good price in a free market. Badum-ching. ;)
Sears shears shareholders by the sea shore.
Say that five times fast.
Speaking for retailers, Wet Seal's fate was sealed this week:
http://www.marketwatch.com/story/teen-retailer-wet-seal-closing-all-its-stores-2017-01-26
Mr Slippery,
Sallie Mae sell Sears' shell, buy the Macy's short?
Fate sealed with a kiss... of death. Sigh.
Not to be confused with the KISS of Beth, but Beth, what can they do?
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