Read this and don't laugh. Then help the poor man: https://seekingalpha.com/article/4222440-sears-holdings-bankruptcy-always-mean-broke
13 replies (most recent on top)
I wrote the article
I'm starting to understand how Eddie is able to pull off these massive conjobs... there are a lot of clueless id--ts out there who will fall for anything. Even an ordinary Sears cashier knows that SYW is worthless. And they know why.
@nlk Are you the author? Me thinks so. As others point out repeatedly, SHLDQ is very different than the General Growth Property case. You didn't even understand the role of SHI.
You're right about layoff advice from this site. Gotta love how 30 people post that there were layoffs only to be followed by someone asking "Did anything happen?"
No Einstein. In fact, nothing happened. It was a mock exercise in seeing how people might react when their lives are turned upside down by someone with yachts in multiple countries.
I do in fact use this board to judge the ebb and flow of various swamps in Illinois. There is always someone calling in the latest gauge readings for them. Hope he gets paid for those. I'd personally worry about having that job during the winter months...
If you think Eric makes sense, hard to reason with you. But if you’re talking about the $0.40 pop when earnings were late, that wasn’t exactly crushing. Think my roi shrank by like 5%, bit more than got that back with the Bk.
Lol, ain’t that the truth! So many shorts got wiped out reading this board like any of it’s actually true “BK by June 1st, BK by July 4, BK by July 15, only $100M cash on hand, ok ok, BK for real Aug 15th, they’re out of cash” this is the worst board for investment advice ever and not much better for layoffs.
If you shorted to the expected earnings date, then when they were late with 2nd quarter, you had to cover your short puts and then Oh No, you lost money.
Nobody got crushed on their shorts. WTF are you talking about? From other posts today it's clear that SYW staff was gutted and the program is either gone or irrelevant.
Good old Eric Moore. I swear he works for ESL. Ready his Seeking Alpha articles. You'd think he was on Eddie's payroll.
SYW is worthless. You are f---ing clueless.
The author of that piece is one of about 6 people on seeking alpha who actually understand how markets work and why. The rest live in their moms basements and got crushed on their shorts a few months back when the earnings were “late”.
As I’ve posted here before, SYWR is highly valuable. Not sure the motive of the few remaining haters on here, bitters ex-ASM’s perhaps?
Now we know the identity of the cheerleader...