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jasonrothman1

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  • Sears Holdings (SHLD) looks set to double to hit $100 a share, according to Barron's. The bull thesis is that the stock is now a trimmed-down real estate play with attractive brands such as Kenmore and Craftsman to boot. As the sly Eddie Lampert crafts a slow-motion liquidation, throw earnings valuations out the window and crunch the numbers on a sum of the parts. The Catch-22 for a Sears rally: Those pesky shorts and an underfunded pension plan. [View news story]
    Sounds like someone at Barrons owns some of Sear's stock and is trying to cause some "frenzy" in the market to get the stock to rise so they can make a fortune. I think all these "big time traders" like Eddie Lampert work together to get the small investors to "pump" up the stock so as to make themselves rich. All I can say, is that the workers who work for these companies are just pawns in a chess game just waiting to be sacrificed while corporate tells them "all is fine."
    Aug 11 01:07 PM | 4 Likes Like |Link to Comment
  • Hidden Value, Executive Change, New Initiatives To Boost Sears Shares [View article]
    A man's "net worth" is not what makes a great man. If you want to attack someone's comments by asking what their "net worth" is then it says a lot about your character and what your true values are.

    "Paulco" actually made some statements that were based on some evidence by the stats that even Lampert and Sears Holdings have admitted to in shareholder letters, but continues to say these figures are really not that important. Now this may be his "plan" for all we know, but I've not seen Sears Holdings mention that any redevelopments are making a profit yet. If you do, please specify which properties they say are "booming" for them.
    Feb 11 06:48 PM | 3 Likes Like |Link to Comment
  • Long-Term Sell And Hold In Sears Holdings [View article]
    Sorry, I believe I found the article you're referring to. It only covers "Rating American Workplaces on Lesbian, Gay, Bisexual and Transgender Equality" not employee performance. Big deal, so they equally treat their employees poorly no matter what sexual persuasion they are...lol!
    Jan 8 01:34 AM | 3 Likes Like |Link to Comment
  • We Worry Sears Will Sell Winners To Pay For Losers [View article]
    It's sad that the only real important thing here is the "liquidation value" of this company. It just shows that Lampert has no intention of trying to save the retail part of the company (or the human factor). He'll allow the stores to degrade and lose sales, watch the stock go down because of it, buy up the stock while it's low, then sale off assets (real estate and close stores), make it appear like there's going to be a "turnaround," thus causing the stock to go up again, all the while he's laughing all the way to the bank. Unfortunately, there are people working there who wish he would be more interested in investing in them and saving the retail end, instead of just looking at the value of the real estate. My opinion, but there's got to be a better way to make a buck instead of stepping on the backs of the American worker to get it. It's one of the reasons the middle class is diminishing and the economy is so volatile.
    Dec 1 01:45 AM | 3 Likes Like |Link to Comment
  • A Visit To The Front Lines Of The Sears Holdings Cold War [View article]
    LOL!!!

    I did not see the irony at first, but maybe they'll buy equipment from Dick's to keep their store in stock or mark up the price to sell online, lease it, or "ship to store" from Dick's down to the Sears store for customers? It's always nice to "Shop Your Way," wouldn't you agree?
    Dec 31 06:33 PM | 2 Likes Like |Link to Comment
  • A Visit To The Front Lines Of The Sears Holdings Cold War [View article]
    "What did surprise me was my conversation with one of the - very capable and pleasant - associates,"

    Okay, with that info I'm going out and loading up on shares of Sears. The Bulls have proven their point.....LOL!

    "The Sears store itself will be more profitable and have lower costs with fewer employees."

    I'm sure that "very capable and pleasant associate," and most likely experienced higher paid employee, will be let go and replaced by a less capable associate to help keep the few, if any, profits flowing.

    "One associate I spoke with said that the store would no longer sell women or children's apparel when it consolidated into a single floor."

    Haven't previous Sears PR responses to declining sales state that at least their apparel divisions were doing well? ...and aren't a lot of the newer ads pushing their apparel lines?
    Dec 31 02:14 AM | 2 Likes Like |Link to Comment
  • This Legendary Retailer Might Be The Worst Investment You Can Make Right Now [View article]
    There's a reason why "some people won't listen," (actually a lot otherwise the stock would be much higher by now) is because Lampert's "holding company" and his way of managing it over the last 10 years hasn't shown a profit or proven anything yet, so Ivwingfan's comment, "The strategy worked for Buffett and it just might work for SHLD too," (with the operative word "might") is like throwing coins in a wishing well.
    Sep 5 07:59 PM | 2 Likes Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    I see "Payday Advance" kiosks within their stores soon...LOL! Just another way to take advantage of poor people who think they have no other options. The same as when banks offer non-credit worthy individuals "high interest/high fee" credit cards. You don't see Wal-Mart stooping to these levels to get shoppers back into their stores and they're back to being the #1 Fortune 500 company again.
    May 12 05:42 AM | 2 Likes Like |Link to Comment
  • Danger Zone 4/23/2013: Sears Holdings [View article]
    Lampert engineered an incredibly take over of Kmart when they went bankrupt and used the windfall (by selling off of valuable Kmart owned properties) to take over Sears (which also was on the verge of bankruptcy) to merge two "iconic" companies together creating the 2nd largest retailer in the world in the hopes of making one huge money making machine to compete against Walmart, Target, as well as online superstar Amazon.

    I'm sure Lampert thought he'd be able to turn the company around using his "masterful" investing and thinking style to become the "hero" that not only saved two "iconic" American companies, but made a fortune for his investors, as well. Well, with the recession and his "masterful" management style he hasn't been able to "turnaround" the company as he had hoped.

    Now it looks like most investors see this "real estate play" and "construction turnaround" the "Hail Mary" that will save the company and/or investors. I'm no "billionaire," and I'm sure my comments will be negated by some based just on that, because if you have at least a $billion you're automatically a "superstar" that can do no wrong. Well, I say this time you will see a "superstar" that made a mistake and isn't willing to admit to it and will do anything before he will, including "going down with the ship."

    I suppose after this all plays out, as with anything, only time will tell who is right or wrong, so have fun ridiculing my comments until then.
    Apr 23 08:31 PM | 2 Likes Like |Link to Comment
  • Eddie Lampert's Buying More Sears - Should You? [View article]
    Very optimistic outlook. I'll be positive, and hope you are right for the sake of the remaining employees of Sears that get a lot of "culture" but no raises or work hours for years now. Try talking to some of these employees in the stores that have been with the company at least 5 years (they will be very hard to find) and willing to speak honestly, in fear of losing their job.
    Mar 8 09:14 PM | 2 Likes Like |Link to Comment
  • Sears Is Headed Lower [View article]
    If Lampert really "idolizes Buffett" he should listen to Warren's advice in this video and stop trying to run a business he obviously knows nothing about, since he's been unable to "turn it around" in the 10 years he's been in charge of it.

    http://bit.ly/TS7O49
    Feb 26 11:24 PM | 2 Likes Like |Link to Comment
  • Sears Spinning Off Sears [View article]
    "Cut the waste?"... Yes, as usual someone with a degree in Economics from Yale, who worked on Wall Street at Goldman Sachs, swooped in like a "corporate raider" when Kmart was in bankruptcy, sold off 600 Kmart stores, some sitting on valuable real estate and were profitable, only to use the money to buy Sears which was having its' own problems, decided that firing up to 10 full-time employees last February in each of their stores (one was a good friend of mine and long time dedicated employee), leaving mostly part-time employees, was the best way to "cut the waste."

    And now he wants to equip employees with expensive I-Pads to help do their job, which is near impossible to do because there is not enough actual people to take care of the core responsibilities like stocking shelves and helping customers. I believe "remodel" is at the bottom of the "to-do" list.
    Sep 12 11:34 PM | 2 Likes Like |Link to Comment
  • Sears Spinning Off Sears [View article]
    Actually, I'd say he knows him better personally than you do since he worked for him, and probably seen him come and go and converse with his management team, if not with him personally. All you really know is how well he does in the stock market, which is fantastic, and most likely ride his coat tails by investing in what guys like him do, but I'd say a person who graduated from Yale, got a job with Goldman Sachs after graduation, and left after Richard Rainwater (another great investor), gave him 28 million dollars to start his own investment firm ESL, and recommended investors to him, has somewhat of an advantage in making more money. It's the "old boys club" of "the rich getting richer, while the poor become poorer" or should I say the people who work for him according to Greg1960's comments. Question... have you made your 8 billion dollars yet since you know Eddie so well?
    Sep 12 08:00 PM | 2 Likes Like |Link to Comment
  • Many Sears (SHLD -4.1%) stores are in line to get a facelift due to their widely-described "decrepit" look, but will fresh paint be enough to bring them back to relevancy? Retail experts warn the trouble with the retail chain may run deeper than its own self-afflicted pain, with close to a third of Sears stores located at older malls in the U.S. described as "dead or dying" amid empty parking lots. Part of the problem is that teenagers aren't gathering at the mall en masse anymore to bring in much-needed traffic. [View news story]
    Believe me they are still having a hard time hiring "good" employees. Running the company with most of their work force being part-timers doesn't help. Also, they're not willing to give a decent pay or enough hours to the few full-timers to live on, but I do agree there is some value left in their iconic brands, Kenmore, Diehard, and Craftsman, but it doesn't appear they know how to breath life back into them. I believe no matter what happens to the brick and mortar part of the company, Lampert will hold onto the brand names and make money selling them through other companies if Sears in its' present state doesn't survive.
    Jul 30 08:29 PM | 2 Likes Like |Link to Comment
  • Profit From The Fear And Confusion Surrounding Sears [View article]
    Here's the article and what it states about that Burnaby project:

    http://bit.ly/18gkawj

    "In addition, it is too early to tell whether or not the project will be completed given a multitude of potential factors, both internal and external, such as the economic value for the Company, shifts in the Canadian economy, and the condition of the real estate market now or in the future. Furthermore, this is a multi-year endeavour, and the length of time it will take from this early stage of discussions with the City of Burnaby to a potential completion, is estimated at several years. Therefore, although there have been estimates made of the value of the project, even if it was to proceed, it is too early in the process for the Company to declare any value associated with it."

    You are correct about this project being "similar to the project in Minneapolis" in that neither one has broken ground yet, and with the shape the Holdings company is in, they may never.
    Jun 8 03:23 PM | 1 Like Like |Link to Comment
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