I don’t think there’s been any stock in Slope’s history that’s received more abuse than Pier One, and with good reason. For the past couple of years, I have been contending it’s going to ape is collapse from the financial crisis. Well, this morning’s 25% drop helps.(more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Below are a couple of opt-mentioned retail stocks that seem headed for a price closer to zero: Pier One and Chico’s.(more…)
Mentioned many times here on Slope. I suspect much lower prices are still ahead.
In honor of Sears’ demise today, may I offer this short idea: the retail exchange-traded fund:(more…)
When I was a kid, the “nice” store was Sears and the also-ran was JC Penney. You could kind of tell how nice a mall was by which one of those anchor stores they had. Well, that’s all ancient history now. You can see how these two former giants have ultimately followed each other together into oblivion.
Preface to all sector posts: This weekend I’m organizing charts in a different way. I’ve picked from my existing portfolio of live short positions and have grouped favorite shorts in specific sectors. Here are the selections for this group, and hopefully the markups will speak for themselves.