Value Investing in Sears: Avoid Current Perceptions & Look Forward [View article]
A real bad retailer just being talked up by Morningstar inspired Tod. I wish there was a second Warren Buffet I could piggyback for the next decade but it does not seem to be Lambert. Wasted the precious cash buybacks of going to burn a lot of cash operator.The value of commercial real estate which is supposedly 300$ a share is going to come down to Earth sooner or later and what do you have then? Cash burning machine and Dzen investor Eddie Lambert who bought Citigroup for 50$ a share when every school boy knew there was a financial bubble going on!!! If he did that how do I know he has any idea about what Sears is really worth? I could buy some Costco stockwhich looks a little pricey but I would be buying there as well so in couple of yeas their shareprice could look pretty reasonable. Who is buying at Sears? Aliens? Skulls & Bones members? Must be some elite for sure cause I know no one going there.
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A real bad retailer just being talked up by Morningstar inspired Tod. I wish there was a second Warren Buffet I could piggyback for the next decade but it does not seem to be Lambert. Wasted the precious cash buybacks of going to burn a lot of cash operator.The value of commercial real estate which is supposedly 300$ a share is going to come down to Earth sooner or later and what do you have then? Cash burning machine and Dzen investor Eddie Lambert who bought Citigroup for 50$ a share when every school boy knew there was a financial bubble going on!!! If he did that how do I know he has any idea about what Sears is really worth? I could buy some Costco stockwhich looks a little pricey but I would be buying there as well so in couple of yeas their shareprice could look pretty reasonable. Who is buying at Sears? Aliens? Skulls & Bones members?
Jun 26 09:37 am
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All Comments by bishk1301 »Value Investing in Sears: Avoid Current Perceptions & Look Forward [View article]
Must be some elite for sure cause I know no one going there.