Replies to post #289 on Macys Inc (M)

[NewMoney]

I think Macy’s will be eaten alive by the Amazon monster myself eventually. Fifteen years ago I did all my shopping the old fashioned way. Now I do most of it in my lounging pants sipping my coffee and pointing and clicking then some guy knocks on my door two days later and hands my stuff to me.

Macy’s was a trade from the bottom to $30, it stumbled and didn’t quite hit $30 on time and I sold for a decent gain.

No current position here.

[zambono]

As long as they don’t touch the dividend I’m keeping my shares