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Sears Canada Inc SRSCQ

Sears Canada Inc. is a Canada-based independent Canadian digital and store-based retailer and technology company.


GREY:SRSCQ - Post by User

Bullboard Posts
Comment by bushhog1on Apr 06, 2005 8:28pm
103 Views
Post# 8871604

RE: SCC downgraded !

RE: SCC downgraded !My congrats too, Techguru, However I am stunned. SCC up nearly 50 % Why ? Revenue and earnings been flat for the past few years - strategies not working going foreward - restatement of earnings report yet to come - resulting in eps dropping by $0.10 - pushing P/E over 19. Sector in doldrum - more competitors coming aboard - downgraded - fined $487,000 - etc - etc. This premium that is built in the price is even higher than if there was a real take over. This is manipulation at its best.
Bullboard Posts