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Brick and Mortar
Posted on 6/2/20 at 12:06 am
Posted on 6/2/20 at 12:06 am
I guess with all these riots I should have invested in actual Brick and Mortar companies. All the pallets of bricks showing up everywhere, seems like business is on fire.
Enough jokes. What are your thoughts on investing in companies like BBBY, M, LB, etc... during this time?
Enough jokes. What are your thoughts on investing in companies like BBBY, M, LB, etc... during this time?
2
Posted on 6/2/20 at 5:23 am to Pipedream
Macy’s in close to bankruptcy.
I’m not sure which retailers will survive.
Amazon had pushed them to the brink. Covid19 and the riots are likely to finish off several.
Be greedy when others are fearful could make you some money, but I’m too close to retirement to get it wrong.
I’m not sure which retailers will survive.
Amazon had pushed them to the brink. Covid19 and the riots are likely to finish off several.
Be greedy when others are fearful could make you some money, but I’m too close to retirement to get it wrong.
Posted on 6/2/20 at 9:30 am to makersmark1
quote:
Macy’s in close to bankruptcy.
They just secured billions in financing, they have many problems but bankruptcy is not one at this time.
Posted on 6/2/20 at 10:48 am to hiltacular
quote:first of all, I seen those same words about many companies right before they file bankruptcy. I've seen it this very year. furthermore, companies on the brink often "secure financing" just to pay themselves their big bonuses prior to filing bankruptcy.
They just secured billions in financing, they have many problems but bankruptcy is not one at this time.
Posted on 6/2/20 at 2:44 pm to makersmark1
quote:
Macy’s in close to bankruptcy.
So sell Macy’s stock
Posted on 6/2/20 at 3:07 pm to Pipedream
You should invest in SHOP instead.
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