Sears Holdings (SHLD)

Kristy411 · #1 (**permalink**) 12-02-06, 02:03 PM

Ok, so what do you all think of this stock? When I was at the Learning Annex Cramer was pretty bullish on this stock and said the owner of the company could be the next "Warren Buffet" - (apparently a financial whiz kid at 14). I believe he's mentioned this stock on his show Mad Money too. What are your feelings?

The joy of the Lord is my strength.
Anything the mind of man (or woman) can conceive and believe, it can achieve. - Napoleon Hill

Kristy411 · #2 (**permalink**) 12-07-06, 05:17 PM

Nothing? I know you all have some sort of opinion on this stock!!

The joy of the Lord is my strength.
Anything the mind of man (or woman) can conceive and believe, it can achieve! - Napoleon Hill

brett MM · #3 (**permalink**) 12-07-06, 09:37 PM

CRAMER is right.

Look at AZO autozone which Lambert owns 30%. Lambert knows what he is doing. Why would he buy 30,000 shares os SHLD at market price 178.88(these were not stock option grants that he got for free) See insidercow.com and search SHLD.

Stocktrading101 · #4 (**permalink**) 12-08-06, 01:17 PM

Quote:

Ok, so what do you all think of this stock? When I was at the Learning Annex Cramer was pretty bullish on this stock and said the owner of the company could be the next "Warren Buffet" - (apparently a financial whiz kid at 14). I believe he's mentioned this stock on his show Mad Money too. What are your feelings?

Yes I have heard that as well. The owner has been touted as that numerous times, must be a pretty impresesive guy

I think right now you have a strong support line with the 50 MA, buying as close to this as possible is probably your best bet. Place stops a point or two below, and you have yourself a position. I have considered taking a position in this stock for a few days now, and just can't seem to find the "right price" for me to place my bets. Overall it has a bullish outlook IMO, but the market can change that pretty quickly.

Teresa · #5 (**permalink**) 12-14-06, 12:45 AM

SHLD sits on the 50dma, a drop through that level, which is 173 would take the stock down to 167.11 and even onto 164.11. Downside is bigger than the upside sitting just over the 50dma. Retail sales numbers were strong today but the market didn't buy it. SHLD biggest asset is its real estate (store locations) and even that deteriorates and becomes overshadowed if the stores aren't selling anything. Upside is to 176.78, 179.24 and 182.38. But I would see a pullback into at least 167.11 before any upside comes in on the stock. Cramer has been bullish since July on the stock so his December bullishness is nothing new. Since Oct 27th the stock has made lower highs, so I'd be cautious with any upside with any short term outlook anyway.

Teresa