I would so do a secondary offering right now. Like, today.
After lunch. Jeez, hurry.
5 replies (most recent on top)
Look at $TSLA this morning, skimming a quick $5B CASH out of the dumb markets with a secondary while it can.
Nordstrom ought to do the same. The surge in $JWN is a gift!
https://youtu.be/LvqGo379nUo?t=50
What a wild run on $jwn. This squeeze a last hurrah into earnings. Nordstrom should give the market what it clearly wants, a billion fresh new shares of $jwn at $24.
Yep, many of the leaders of my group were members and they even passed out flyers at work. They were the power clique and set policy for years. One of the power couples even got married... if you weren't in, you were out.
I dunno, losing a penny a share doesn’t sound all that bad at this juncture. I’d have to know how the half-rent matter pencils out, but treading water in the midst of a desperate pandemic may be a really good showing overall.
Maybe they will say more about using the Racks as digital service hubs, too. Somewhere in here maybe there is a new sort of nascent retail company being formed and figured-out as they go.
https://finance.yahoo.com/news/analysts-estimate-nordstrom-jwn-report-173005495.html
Nordstrom (JWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.