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January 27, 2020
Published by Kuppy at January 27, 2020
Two months ago, I wrote about Stage Stores (SSI – USA) and its planned evolution from failing department store chain into an off-price retailer named Gordmans. My logic was that you had a free look at what happened over the next few quarters as the plan evolved. As I wrote at the time; For me, this is a trade, not an investment. If you
Read MorePositions Mentioned: SSI
November 22, 2019
Published by Kuppy at November 22, 2019
If the definition of insanity is doing the same thing over and over and expecting a different result, the guys leading Stage Stores (SSI – USA) would clarify as clinically insane. Why did anyone think that consolidating a bunch of struggling department store chains in rural America was a good business idea? A quick look at the stock chart over the past decade would
Read MorePositions Mentioned: SSI
