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#1 |
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new member
![]() Join Date: Jun 2005
Posts: 1
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Buy, sell or Hold...retailer, but land bank!
Lew |
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#2 |
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Site Administrator
![]() Join Date: Jun 2005
Location: Canada, in an igloo.
Posts: 6,646
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I don't know when Cramer recommended this, or what he said about it - but look at the chart!
http://finance.yahoo.com/q/ta?s=SHLD...00,v,e20&a=&c= Tell me what direction this is going in! |
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#3 |
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new member
![]() Join Date: Jun 2005
Posts: 4
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while shld remains a long way away from being considered a best of breed retailer, i think there a numerous opportunites for healthy returns on this stock in the meantime
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#4 |
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new member
![]() Join Date: Jun 2005
Posts: 4
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Valuing shares of SHLD is a challenge, because the company does not have a combined operating history, and because it may take several years for the company to realize the benefits of its turnaround efforts. Optimism about the deal has also raised the valuation of the shares. Based of the current price of about $150, the shares are trading at about 25-times our 2006 EPS estimate and 21-times the 2007 estimate. These multiples are above many of the other retailers in the breed; the difference is that most of the other companies are more profitable and are doing a better job of merchandising.
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#5 | |
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valued contributor
![]() Join Date: Jul 2005
Posts: 23
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Quote:
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#6 |
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valued contributor
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Cramer is still a big fan of SHLD. It's had an impressive ride so far.
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#7 |
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valued contributor
weekly challenge winner 2x
![]() Join Date: Aug 2005
Location: Rincon, Puerto Rico
Posts: 612
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Guess I'm harder to impress. Listened to Cramer rave about Eddie Lampert (Lambert?) for a week when he first started, and bit on Apr11 at $147.74, now four months later, up a whopping -9%. Not that impressed, considering how well other retailers have done. After today, just waiting to dump.
__________________ RinconPR.com - islandmon.com No Shoes, No Shirt, No Problem |
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#8 |
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new member
![]() Join Date: Jul 2005
Posts: 14
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A lot of the interest in SHLD is because Eddie Lampert is being touted as the next Warren Buffet. The idea being that he will use SHLD as a vehicle for making shrewd acquisitions, much like Buffet did with Berkshire Hathaway.
The following article posits this theory and might be of interest to you: http://www.businessweek.com/magazine...9001_mz001.htm It would certainly be nice to think of this thing going to 80 grand a share in 20 years. Will it happen? Who knows! Cramer has been saying something along the lines of "just buy one share" and "when it pulls back, buy another one." |
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#9 |
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forum leader
![]() Join Date: Jul 2005
Location: nc
Posts: 1,183
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I don't trust Eddie Lampert as far as I can spit. I may not be an expert in the stock market, but I have been around the block a few times when it comes to spotting snakes. I see one behind that tree, be careful.
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#10 |
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forum leader
![]() Join Date: Jul 2005
Location: nc
Posts: 1,183
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I hope I didn't offend anyone here, I am just worried about this one and also fear that Cramer's association could come back to haunt him. You could make the big bucks, I have no idea. At least he owns a large amount of these shares and since his tendency is to look at for number one, at the expense of all others, maybe he will drag you all up with him. Good luck!
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