THE COMPANY IS CALLED SEARS HOLDINGS NOT SEARS RETAIL 2 comments
Nov 21, 2012 2:46 AM
It is amazing how investors that are supposed to know what is going on do not have a clue.
The earning numbers for Sears Holdings were better than expected proof that Sears Holdings new business plan is working. Why do investors look at Sears as retail only when it is a holding company. Their businesses are : Brick and Mortar Retail, Online Retail, Brands, Service and the Real Estate Business.The real estate itself is a home run but Eddie Lampert wants everything to work so it's a Grand Slam home run and Bruce Berkowitz, Sears' second largest shareholder, says Lampert can do it.
Eddie Lampert has been adding to his personal position with Sears stock he now owns over billion dollars worth of stock personally not to mention what he owns in his hedge funds. His money is where his mouth is.
Some people also said Warren Buffett did not know what he was doing with Berkshire Hathaway.
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Bruce Berkowitz of the Fairholme fund, said if the real estate Sears Holdings owns today was price to market the stock price would be at $160.00 today. The stock price is valued at $60.00 just on the liquidation of the inventory. Which is already paid for.
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THE COMPANY IS CALLED SEARS HOLDINGS NOT SEARS RETAIL 2 comments
It is amazing how investors that are supposed to know what is going on do not have a clue.
The earning numbers for Sears Holdings were better than expected proof that Sears Holdings new business plan is working. Why do investors look at Sears as retail only when it is a holding company. Their businesses are : Brick and Mortar Retail, Online Retail, Brands, Service and the Real Estate Business.The real estate itself is a home run but Eddie Lampert wants everything to work so it's a Grand Slam home run and Bruce Berkowitz, Sears' second largest shareholder, says Lampert can do it.
Eddie Lampert has been adding to his personal position with Sears stock he now owns over billion dollars worth of stock personally not to mention what he owns in his hedge funds. His money is where his mouth is.
Some people also said Warren Buffett did not know what he was doing with Berkshire Hathaway.
Disclosure: I am long SHLD.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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Happy Holidays
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Housing improving, inventory all paid for, and low guidance = $SHLD numbers may be much better than expected. Lahiem $HD, $LOW, $AZN, $JCP,
about 16 hours ago
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$S , $10.00 IMMINENT.
1 day ago
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Appliance sales up $HD - Great news for $SHLD.
1 day ago
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