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Re: DanWebzster post# 72

Tuesday, 03/20/2018 3:31:09 PM

Tuesday, March 20, 2018 3:31:09 PM

Post# of 438
SMRT suddenly seems like it could turnaround.

Earnings on 3/14/18 went from a year ago Q of (7.0mn) to a profit
of 7.3mn

Big box discounters like TJ Max and ROST are doing well in this environment. They do not rely on mall traffic. The new strategy seems to // those stores.

Until this Q, bankruptcy seemed inevitable. Now, there is the possiblity of a 10-bagger if their treasure hunt big box strategy
continues to work.

diversified to shoes with a store-in-store arrangement with DSW.

*Also learned that in today's commercial real estate environment that the Deferred Rent item in liabilities is often a slush account
that will never get paid in full.

Put on permanent watch list.




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