bishk1301

Numbers Check on Sears Holdings - It's Cheap

Trust your gut, if the store is empty, retail space is liability not an asset. Life could be drained out of this company even if its assets exceed its liabilities. When people are hungry they stop caring about brand names. The genius capital allocator bought Citigroup at the peak last year and then sold all the way down to 20. This is a kind of trade I'd expect myself to make, not someone who is supposed to know what he is doing

Value Investing in Sears: Avoid Current Perceptions & Look Forward

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.