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No One Cares If Sears Turns a Profit If Sales Keep Falling

scott
in Off-Topic
SHLD under $20 and the only reason it will turn a profit coming soon is because of real estate transactions.

http://blogs.barrons.com/stockstowatchtoday/2015/08/03/no-one-cares-if-sears-turns-a-profit-if-sales-keep-falling/?mod=yahoobarrons&ru=yahoo

"Sears has fallen by more than half since hitting a 52-week high of $44.31 on May 28."

Comments

  • Sven
    "Sears has fallen by more than half since hitting a 52-week high of $44.31 on May 28."
    That is brutal for the remaining shareholders.
  • beebee
    From the perspective of FAIRX stake in SHLD, I hope BB has provided FAIRX with a piece of these real estate profits. BB and EL seems to have financially engineered these deals. Hoping that this means FAIRX is uniquely positioned to benefit.
  • MikeMMikeM
    I've been watching SHLD with an intent to buy when it reached 20.1. I've been hesitant to pull the trigger. I did notice last week, can't remember where I saw it, Berkowitz was still buying shares at 24 just a few weeks ago.

    I'm a novice at this stuff, but if you bring up a 3 year trend and draw a line at the trending drops over this time frame, the stock is right where it should be before another good bounce up. The up bounces have been so repeatable it's tempting to use a little play money on it.
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