Watch the stock price. Right now it’s close to being under $5. (currently just over 6). If it falls below 5, not a good sign. The lower the stock price gets the more upper management will have to make “difficult decisions”...
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Don’t look at how the market capitalization is. The market is driven by greed and fear.
At this very moment it is 6.66😈😈😈
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I do not think Petco would hire Jeffie. Unless they needed someone to clean out the snake and rodent p–p.
Macy's is so deep in debt the only value is the real estate. I expect to see Jeff working a register at Petco.
Macy’s stock is junk. Not a sound investment. Malls are dead. Fast fashion and the one use standard is going to vanish very fast
It will tank. At one time the use of terms such as restructuring / re-org / lay-offs would be a signal to Wall Street that a company was taking steps toward fiscal responsibility, increased revenue, and decisive leadership. This "trick" would usually edge the stocks higher. You can see it in action if you review the stocks highs and lows against every restructuring date. This tactic is outdated and will not work in our current environment. It now comes across and weakness, indecisiveness, disorganization, and poor leadership in a time of crisis.
It has always been at 3, it recently went up to 7 and then has started to fall backdown. It was downgraded to junk a long time ago