I’m not talking about the portal notes.
In the last several weeks we had:
A new CMO/ president
Layoffs
Billion dollar plan
Sold off Pmall
Announced poor earnings before the qtr ended
Announced the sale lease back transaction
Seems that almost every week there is something.
My bet is they will continue this until the April Earnings call and release. THEN during that call they will announce they are going to mass close stores! How many do we think?? What’s the next big news break?!