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S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,978.00
(
-1.19%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.43
(
0.18%
)
Bitcoin
60,363.30
(
0.17%
)
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Re: ~ Blue ~ post# 20500

Monday, 02/11/2019 12:52:48 AM

Monday, February 11, 2019 12:52:48 AM

Post# of 37346
Interesting, back in the day Starbucks closed 600 unprofitable stores and there stock went from $4.50 to about $70 now. Hope the Sears closings have a smiler effect on SHLDQ.

And here is the difference, there were more than 16,226 Starbucks stores at the time, so the 600 unprofitable stores were a smaller percentage.

With Sears they are closing all the unprofitable stores or about half of the stores so we should see a tremendous effect on share price.

Don't listen to me I'm a speculative investor, do your own research.

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