Results 1 to 2 of 2

Thread: Sad - Sears is now a penny stock

  1. #1

    Default Sad - Sears is now a penny stock

    Sears is now a penny stock

    In the latest indignity for a once-grand retailer, the share price fell below $1 on Friday for the first time in the company's history, dropping as much as 15% to 85 cents in midday trading.

    Falling into loose-change territory is more than embarrassing. Nasdaq, the exchange where Sears stock trades, could delist the company. That's a long process and would happen next year at the earliest.
    https://money.cnn.com/2018/09/28/new...ock/index.html


    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


  2.  
  3. #2

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    3,874
    Blog Entries
    46

    Default Re: Sad - Sears is now a penny stock

    I bought 1 share in 2006 because I thought it would be cool to be a part of Eddie Lampert's hedge fund ideas. $117'ish sounds about right. I had a free trade with Scottrade and used it on that POS.

    I remember dumping it in the pre-market for something like $70-80 in 2008 on a day it was set to open some 10% down.

    Needless to say, I've learned a thing or two since then.

  4.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
S&P500 (C Fund) (delayed)
Sad - Sears is now a penny stock
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Sad - Sears is now a penny stock
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Sad - Sears is now a penny stock
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Sad - Sears is now a penny stock
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes