Nicholas Snyder

A Visit To The Front Lines Of The Sears Holdings Cold War

Bullish long-term investors and bearish short sellers have been waging an ongoing battle in the stock of Sears Holdings Corporation (NASDAQ:SHLD). Opportunistic speculators have occasionally joined both sides as the limited float and high short interest have repeatedly caused short squeezes and minor crashes. Other participants, on both the short and long side, have thrown in the towel due to fatigue. All the while analysts have carefully parsed every word and action taken by Chairman Edward Lampert in a modern form of Kremlinology.

I recently visited one of Sears' most valuable domestic properties, a fully owned anchor "big box" at the high-end Plaza at King of Prussia, and got some insight into what direction the ongoing transition

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details