Predition: overall retail sales for the Christmas season will be down significantly. The 3% black friday surge is front-loading, people shopping now to spend the least.
I can't wait for retailer stocks to rally on this news so that I can buy SCC at an even lower price and gain that much more when retailers go bankrupt in Jan, Feb, Mar due to overall dismal Christmas sales.
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Predition: overall retail sales for the Christmas season will be down significantly. The 3% black friday surge is front-loading, people shopping now to spend the least.
Nov 30 12:51 pm
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All Comments by D. McHattie »The holiday shopping season got off to a surprisingly solid start, with Black Friday sales up 3% (or 11%) from a year ago. [View news story]
I can't wait for retailer stocks to rally on this news so that I can buy SCC at an even lower price and gain that much more when retailers go bankrupt in Jan, Feb, Mar due to overall dismal Christmas sales.