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Jld3294

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Jld3294

Re: detearing post# 31

Thursday, 11/12/2015 7:10:41 AM

Thursday, November 12, 2015 7:10:41 AM

Post# of 57
They said that people are not buying clothes anymore and instead are going out to eat and vacation.

Not saying suits are the same as clothes.. But Macy's missed by a couple pennies and lost 16%.

MW tangible book value is negative. So unless they pay off their debt they are worth nothing. No residual claim for the next couple years.
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