Sears has breached the psychologically important $7 barrier again to levels not seen since late January. For those keeping track at home, it's almost back to where it was exactly two weeks ago! Almost.
This is great news for long-term investors who never gave up on the turnaround story. Much like an 18-wheeler which accidentally drives down a very long and very narrow dead end alley but miraculously manages to back up a few feet without taking damage, here it is! Woohoo!
Yes, sir. I never thought I'd say it. This turnaround story may have L'eggs. Next stop? Levels not seen since 1978? Keep the faith!
The word on the street is that Sears surged on cost cutting initiatives. The surge is working! Eddie has drawn a line in the sand!
ReplyDeleteLet's call 1978 the rubicon line. There's no going back to 2016!
Lucky number 7!
Crystal clear turnaround plan, me thinks I read.
ReplyDeleteI may have misread it though. Could be:
Turnaround plan clearly uses crystal meth and red inks.
Yeah. Meth inks and red, not me thinks I read.
ReplyDeleteSears dropping Trump products.
Alienating blue collar Trump supporters! Genius!
mab,
ReplyDeleteIt's all good. Rumor has it that Sears Automotive will soon be getting into the luxury Italian leather handbag repair business to make up any slack. ;)
It's all good.
ReplyDeleteNo, it's not. Shld got hammered today - down 8%!
We're coming up on 10 years and fast Eddie and Anon are down 90%. Maybe I've lost my sense of humor on this. It feels like piling on. That's not my style.
Oh well, at least I haven't gotten tired of winning yet. All I can think of is "knew it" and "told you so".
Good nigh(t) Sears. Oooh, that reminds me. Repent, the end is nigh!
mab,
ReplyDeleteIt feels like piling on.
I have a similar feeling. Feels like pylons.
I'm seeing something getting hammered. Could be the stock. Could be the pylons. Could be the shareholders trying to dull the pain. Hard to say. I am not a paid seer spokesperson or visionary.
I am not a paid seer spokesperson or visionary.
ReplyDeleteLikewise. But if you believe the middlemen, there's a vetting process to get into heaven. The entrance is through pearly gates so I imagine there is some type of wall. Go figure!
Any word on the other place? I hope there are pearly gate equivalents, unless hell is just a place for people truly like me. You know, slackers who would enjoy basking on a hot beach not being productive members of society. In any event, I'm not signing anything unless there is some sort of napping agreement! ;)
ReplyDelete