Was $60 earlier this month and $100+ a year or two ago. I thought this was supposed to be a "value stock" when it was over $100.
This morning pre-market:
38.09 -7.76 (-16.92%)
Top Mutual Fund Holders (from Yahoo, not up-to-date)
Holder Shares % Out Value* Reported
FAIRHOLME FUND 14,481,473 13.55 867,295,417 Aug 31, 2011
Powershares Exhg Traded Fd Tr-Powershares QQQ Tr, Series 1 1,043,543 0.98 81,584,191 Oct 31, 2011
DFA U.S. LARGE CAP VALUE SERIES 595,638 0.56 41,498,099 Jul 31, 2011
VANGUARD TOTAL STOCK MARKET INDEX FUND 501,929 0.47 28,870,956 Sep 30, 2011
KINETICS PORT TR-KINETICS MASTER NEW PARADIGM PORT 443,052 0.41 25,484,351 Sep 30, 2011
VANGUARD 500 INDEX FUND 343,292 0.32 19,746,155 Sep 30, 2011
VANGUARD INSTITUTIONAL INDEX FUND-INSTITUTIONAL INDEX FD 315,005 0.29 18,119,087 Sep 30, 2011
SPDR S&P 500 ETF Trust 296,888 0.28 23,210,703 Oct 31, 2011
FAIRHOLME ALLOCATION FUND 168,700 0.16 10,103,443 Aug 31, 2011
JP Morgan Value Advantage Fund 143,200 0.13 8,236,864 Sep 30, 2011
Comments
Saw a blip this am on the magic tube about same store sales down again for the past quarter; and that 100-150 stores will be closed.
Found a story link...........Sears and KMart
http://money.cnn.com/2011/12/27/news/companies/sears_kmart_closings/
Catch
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2011/12/27/berkowtiz-led-fairholme-seen-losing-180-million-more-as-sears-falls-25/?mod=yahoobarrons
Awe, come on OJ!
At least the HD greeters smile when ya pass through the door. And their plumbing works if ya need to take a **** Ours got do-it-yourself scanners at checkout - much faster than a pokey KMart clerk. And the fellas in the back will occasionally saw a board to fit your needs - once ya track em down.
http://www.examiner.com/business-development-in-detroit/the-fall-of-the-martha-stewart-kmart-relationship
http://www.zerohedge.com/news/sears-noose-tightens-cit-leaves-company-cold-no-vendor-financings