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Sears on the Rebound?

Posted by billspaced | 5:01 AM | , | 0 comments »

I've said it before, and I'll say it again. Sears will rebound. It's not a matter of "If" but "When." That is, if the shorts don't kill it.

Eddie Lampert is, quite possibly, the world's greatest investor, better than Warren Buffett. He's less well-known than the Oracle of Omaha, but he's been at the top of the investment game for a long time. His investment (takeover) in Sears and K-Mart should have signaled the turnaround of those two entities, but such a turnaround has been absent thus far. Read this story -- What's Behind Sears's Sudden Rise? - -- for more. And pay particular attention to the last paragraph. This may indeed come to fruition. Not a bad idea...

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