Seeking Alpha

Sears Holdings (SHLD): Q4 EPS of $0.54 misses by $0.24. Revenue of $12.48B (-4% Y/Y) in-line...

Sears Holdings (SHLD): Q4 EPS of $0.54 misses by $0.24. Revenue of $12.48B (-4% Y/Y) in-line with consensus. Will separate its Hometown and Outlets Businesses and certain hardware stores, which will raise $400M-500M. Completing real estate transaction for 11 stores for $270M. (PR)
From other sites
Comments (11)
  • Micah
    , contributor
    Comments (479) | Send Message
     
    Earnings were ass, but the overall report has many positives. SHLD is taking a completely different tone and mgmt is not sitting on their hands.
    23 Feb 2012, 08:05 AM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (4427) | Send Message
     
    I'm back in and long.
    23 Feb 2012, 10:08 AM Reply Like
  • Micah
    , contributor
    Comments (479) | Send Message
     
    Is this what you were waiting for? A little communication is nice....
    23 Feb 2012, 10:19 AM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (4427) | Send Message
     
    Yes,,,don't you feel better investing in Sears now.
    23 Feb 2012, 11:26 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    LOL, massive central bank interventions are good even for equities with big losses.
    23 Feb 2012, 07:10 PM Reply Like
  • Erick McKitterick
    , contributor
    Comments (849) | Send Message
     
    So a company loses takes massive loss and now shorts cover it's amazing.
    23 Feb 2012, 08:42 PM Reply Like
  • jjonnewman
    , contributor
    Comments (131) | Send Message
     
    There is no way an individual investor saw their earnings and than said " I think sears looks like a great investment " and no mutual fund or brokerage would have done that either . I do not know how sears did it but they somehow for now kept their stock price up . The one time I short a stock , their earnings are as bad as earnings get and the stock goes up . HMMMM
    24 Feb 2012, 01:38 AM Reply Like
  • Erick McKitterick
    , contributor
    Comments (849) | Send Message
     
    CS has a 20.00 pt on SHLD.
    24 Feb 2012, 10:18 AM Reply Like
  • Spencer Knight
    , contributor
    Comments (417) | Send Message
     
    The stock was oversold prior to this. Management gave a positive outlook regarding operations and many people bought into it. It happens.

     

    Who knows, maybe Sears will be a great turnaround story at some point. But at the same time it could be a big flop. Too risky to jump in yet.
    24 Feb 2012, 01:49 AM Reply Like
  • Micah
    , contributor
    Comments (479) | Send Message
     
    It is clear neither of you read the earnings release, the conference call transcripts or the chairman's letter released yesterday. The retail operations were and are horrible. This is a known quantity with long-term investors in Sears.

     

    The story is and always has been about the balance sheet and assets. Management went through a rigorous process yesterday to clearly separate operations from assets.

     

    Sears is liquid and they have a plan for the future to unlock the value of all their assets - that equals a 20% pop in one of the most shorted stocks in the S&P.
    24 Feb 2012, 10:19 AM Reply Like
  • Erick McKitterick
    , contributor
    Comments (849) | Send Message
     
    Micah,

     

    No I read both and I follow the strategy but I follow the options market and the overall options flow remains to be bearish on the name. Puts have been bought on the ask more than 45% of the time even after this 20% increase in stock price which is also why IV continues to elevated more than 200% higher than the 52 week low of 31.82. The truth of the matter is I'm a show me type of person. Give me a couple good quarters in a row and then I'll believe.
    24 Feb 2012, 10:36 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs