You have been at this game as I have for a while no doubt and have seen this before always happens, retail over expands to keep investing public/happy interested because the next tech bubble is blowing up.
Retail loses as they over expanded rather than working on profits which is what retail should always do, you can only be so big, there are only so many places to build a shop and as well you must close the losers when an area declines, don't hold on just to keep the revenues the profits suffer.
Retail always makes that mistake, every 10 years o so trying to keep up with the tech Jones. its all about profits, you don't ave to keep getting bigger, just keep making that money and give a steady dividend simple.
Instead they try to grow to much and get to big, end up losing and stopping dividends and find themselves starting from scratch again.
Maybe Macy's will have some realization of that and climb the next month, it should. Thqts why I always stick close to value stocks that just make money as tech bubbles always bust going back to the first one the auto tech bubble, yes, that was the first.
hen that falls apart and breaks down people run to the tired and true money makers, always keep an eye on the solid winners I learned know them so when they run to them you know ones are in the best shape.
I think going forward this year things will start to trun as tech stocks continue to not deliver on high valuations always does happen. TSLA will be the first victim, its on oxygen at the moment even book value slipped another 6-7 dollars think it only books for $21 now and is damn near BK.
Oh let me quit running my big trap here is an article from the past speaking of just that sort of thing from 1999 and it only got worse in the next 12-18 months for tech and value just chugged right along to new highs same thing in 2009 when I had my PIR life changer, it will again, nuts and bolts and making cash with realistic valuations.
https://www.nytimes.com/1999/04/20/business/the-markets-stocks-stock-market-hit-as-investors-flee-technology-area.html
Peace out.
Recent JILL News
- J.Jill Introduces One Wardrobe. No Limits. Campaign • Business Wire • 04/29/2024 01:00:00 PM
- J.Jill, Inc. Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 03/20/2024 10:45:00 AM
- J.Jill, Inc. to Report Fourth Quarter and Fiscal Year 2023 Results on March 20, 2024 • Business Wire • 03/06/2024 11:45:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 09:05:42 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:49:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/08/2024 01:01:06 PM
- J.Jill, Inc. Reaffirms Fourth Quarter and Full Year 2023 Guidance Ahead of the 26th Annual ICR Conference • Business Wire • 01/08/2024 11:45:00 AM
- J.Jill, Inc. Announces Participation in the 26th Annual ICR Conference • Business Wire • 01/02/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 10:09:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:47:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/05/2023 09:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 11:45:09 AM
- J.Jill, Inc. Announces Third Quarter 2023 Results • Business Wire • 12/05/2023 11:45:00 AM
- J.Jill, Inc. to Report Third Quarter Fiscal Year 2023 Results on December 5, 2023 • Business Wire • 11/21/2023 11:45:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/13/2023 04:30:48 PM
- J.Jill Appoints Maria Martinez as Chief Human Resources Officer • Business Wire • 11/13/2023 11:45:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 08:11:01 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/26/2023 04:15:13 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 09/15/2023 08:19:39 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/31/2023 08:00:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/31/2023 10:45:48 AM
- J.Jill, Inc. Announces Second Quarter 2023 Results • Business Wire • 08/31/2023 10:45:00 AM
- J.Jill, Inc. to Report Second Quarter Fiscal Year 2023 Results on August 31, 2023 • Business Wire • 08/17/2023 10:45:00 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 07/19/2023 08:12:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/14/2023 08:02:14 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM