| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| SHLD | Broadline Retailers | 6.85% | n/a | 2 | 20-Dec-07 | Prior Holding |
07-Dec-07
Bearish Sales Reps
Holding Rationale for SHLD.
We have conducted channel checks at Sears and Kmart stores. 20% of sales reps reports stores are less busy indicating bearish activity there for 4Q and Xmas season. In addition most stores report pre-Xmas sales are coming and there is lots of excess inventory at the stores. While SHLD has plunged this year we are immune to current price or past performance. We current Q as looking bad for SHLD and expect negative numbers next earnings report and the shares to fall correspondingly.
Tagged Stocks: SHLD
Posted at 09:39 in Holding Rationales | Permalink | Comments () | Top
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