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Shares of Sears Holdings (SHLD -1%) remained relatively unscathed while retail rival J.C. Penney...

Shares of Sears Holdings (SHLD -1%) remained relatively unscathed while retail rival J.C. Penney slumped 55% in a year as the story on each company remains quite different. Despite the different tracks of the retailers, a scathing downgrade from Maxim on JCP could have some read-through to Sears Holdings. The firm thinks the immense square footage held by JCP is greatly overvalued by investors. Is SHLD in the same boat?
Comments (1)
  • jasonrothman1
    , contributor
    Comments (125) | Send Message
     
    It's more like the Titanic than a boat, but even the Titanic sank when the builders said it wouldn't. Just like the Titanic, there aren't many life boats to go around, except for Lampert and Berkowitz who own most of the company.
    6 Feb 2013, 07:56 PM Reply Like
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