Monday, January 30, 2017

Blood Bath & Beyond

Bed Bath & Beyond?

No, we're talking Sears again. Down another 12% today as I type this. Needless to say, it's a fresh 52-week low.

It isn't all bad news. I think I actually found the secret video of Eddie Lampert's turnaround story.



Granted, there isn't nearly as much turning as one might expect.

4 comments:

mab said...

Sears is more iconic than most are aware.

Sears closed at $6.60/share yesterday. I feel like it was at 11 just last week. Eddie is on fire!

Stagflationary Mark said...

mab,

Hahaha!

Perhaps Sears just needs to get back to the basics and start selling Dr. Rose’s French Arsenic Complexion Wafers again.

mab said...

The crisis is over. Shld was up 4.24% today. Yuge upward move! Whew! We have liftoff!

Stagflationary Mark said...

mab,

That's 28 cents per share! 4 shares would have earned us enough for something off the dollar menu!

The crisis has indeed passed, unless we want fries with that.

I'd mention what it would take for a Happy Meal, but that's not my style. ;)