myWealth.com

Two Bright Spots in Economic Darkness: TD Ameritrade, Sears Holdings

Thanks for taking the time to read the article whether we agree or not....much appreciated.


On Jan 11 07:47 AM Paul Price wrote:

> There's a reason virtually all retailers gave up on layaways long
> ago.
>
> They didn't work.
>
> Many customers never followed through with the purchases and the
> merchandise often ended up 'stale' and 'out-of-season' once it was
> returned to stock.
>
> Sears showed a drop of 12.8% in same store sales for December- hardly
> reason to cheer.
>
> While EPS were pre-announced at better than expected numbers [from
> already decimated expectations], they were still horrible compared
> with all recent previous years for the Christmas seasons. They also
> excluded a number of significant items that are very real.
>
> This was a clear case of Spin-101 to cause a short squeeze. It worked
> on Thursday but started to give back ground on Friday. SHLD has serious
> problems that cannot be solved by layaways.
>
> Take the chance to get out now before the real shit hits the fan.
>
>