Everyone should by lots of stock now with the low price. There is so much upside potential with the turnaround coming. Watch out Amazon.
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Funniest post on this board basically EVER! Covid-19 will be putting this company out of its misery. The only way to make money is finding someone to bet on which company will be gone first, JC Penny, Macy's, or BBB. Bet the house on BBB and you can return a profit.
Not to mention with them buying all their own stock back indicates they have been planning to go private before all of this.
Are you kidding?? They DON'T sell essential items that people or businesses need, and they were already shutting down stores long before the COVID19 pandemic and stock market crash. They're following in the footsteps of Sears, but not as bad.
Their stock is at about $5, and very likely will drop to under $2 soon. Their debt load is about $4 BILLION. Institutional investors won't CAN'T touch this stock with a 39 1/2 foot pole and expose their investors to that much risk.
There's a very high possibility that they'll be filing for bankruptcy during or after this economic crash as that's the only way they'll be able to shed their debt and not have to pay their bills. Guess that bankruptcy also does? It WIPES OUT ALL COMMON SHARES!! That means if you don't own Preferred shares, you LOSE YOUR STOCKS and money!! Trust me, when I was young I played the "Less than $2 and Pink Sheets/OTC" stocks game. While I did have an occasional 'winner,' I LOST money 75% of the time
If you can afford the risk, gamble and loss, by all means...it's your money. I implore all to do their due diligence before rolling the dice in the Stock Market C-sino