• MSF INVESTMENTS
    I don't buy the real estate play. $VNO sold all their shares in $JCP - it's apparent the real estate is not that valuable. $SHLD is better.
    4/17/13
    Reply (5)
    • mlcglobal: Why is Sears real estate better?
      4/17/13
    • MSF INVESTMENTS: Their real estate and leases are on the books at GAAP pricing, If priced to value today the stock is worth $100.00 just on the real estate.
      4/17/13
    • mlcglobal: If JCP real estate is low end how can Sears get better than a low price for its buildings? Is there evidence of good pricing? Numbers?
      4/19/13
    • MSF INVESTMENTS: Google - Bruce Berkowitz Sears Holdings Case Study 111.
      4/19/13
    • mlcglobal: I wish I could read Bruce's back office paperwork! Oh well... life of a small fish for me.
      4/19/13