End of the day $5.17 , crazy almost considered a penny stock
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Buy buy buy. I'm buying more. Eddie made me rich so many times over that I don't need to work in his dilapidated stores anymore for minimum wage. Lol. Wish I was like him such a smart man. Now back to the blue light specials and having to ring 10 plus customers in line at our ancient store with outdated overpriced everything sitting on 70's 80s and 90s shelving. No heating or cooling systems, mildly leaky roofs, asbestos flooring. Etc. People love to shop here over target and walmart so upscale eddie. Sowing our seeds I guess eddie. Stores don't matter eddie right?
Q4 is actually looking good on aper store basis, I might grab some SHLd on the dip
According to Wikipedia, A penny stock is defined as a start that is below five dollars and is not traded on any major stock exchange. Stocks are usually do you listed from the major stock exchanges when it falls below a dollar for an extended period of time. For this reason many people associate stocks falling below a dollar and having been delisted as being "penny stocks".
@Q5yAa7g-sfe Not if the 4th Quarter reports are really bad, which they will be.
@Q5yAa7g-sfe this! You are one of the few who gets it, JCP is at $2.37 and in 2 weeks has fallen below the value of SHLD. The cheese stands alone
It will go back to 13, Eddie will squeeze out short sellers like he did in January - watch the move
Stock has to be below a buck to call it a penny stock. We are quite a ways away from going under a buck.
SHLD is a turd for sure but even at $4.99 won't meet the definition of a penny stock.
https://en.wikipedia.org/wiki/Penny_stock
I just checked the closing price before coming here. Crazy!