All that and more. So let it dip 20% on earnings, the short interest is north of 50% lol.... options are pricing a 15% move +/-... That said, scrap the whole business...but depending on who is the appraiser, the value of the properties they own ranges from $3B to $10B... depending on market conditions. Think Macy's, albeit not quite apples to apples. But close. I don't think they are going away however. They fill a niche. Positive FCF, a $0.50 divy (which I could see being 86'd ) ... blah blah blah..... but I think it's cheap enough to roll the bones on the inevitable earnings sell-off. Maybe even buy a little pre-earnings. It is not going away. As a trade, its a gamble, but there are three things going forward... the RE, private equity, and a 50% short interest. "Which stock Van?" ---> Kohls KSS $7.48 Earnings this Thursday. My gut... they are gonna surprise. But we shall see. : Odds are it will tank. Then buy.
Thread title should have read: Horrible Chart, Horrible Books, Horrible Comps, A Philandering Ex- Ceo... Horrible Everything
Earnings betting, trading, are a complete gamble. You're essentially playing a single hand of blackjack or a roulette wheel spin. It's going to be either a hit or miss, no in between. An overall losing proposition,,
That's why you buy a little now.... and wait for the add. Reality is not a gamble if you know wtf you are talking about. A business is a business is a business. We're not talking about zdte options on the Q's. Positive FCF and a treasure trove of RE. Duh.... ~vz
And btw... what you said only applies if you are buying the options that expire the next day/week/ or month. And paying up dearly for their premium. A loser's bet at best. But that is not what this thread is about. Kohls will double in 4 years time tops. Probably way less than that. I don't care how low it goes Thursday. Kohls fills an uncontested niche and it is here to stay. They just need to re-think their offerings a little. Case closed. ~vz
He said he expects it to tank,at which point it could be a buy. An earnings bet would be expecting it to tank and shorting in advance.
Philandering Horrible Chart ---> Philandering Beautiful sexy Chart Down it goes. When will it be zero?
While it's broken its Covid lows, you can see its being Accumulated. Maybe ask @stonedinvestor Stoney, help Van please.