Saturday, May 10, 2008
is it time to consider buying shld?
in my opinion, not yet, but the time may be drawing near. absolutely hated stock? check. cramer soon to be pulling his support of the name? check. cramer's not a "fan" of retail right now, and thinks shld's restructuring story is taking too long to play out. every publication under the sun is predicting shld's demise. lampert, architect of several other retail miracles, may have "lost his touch." the stock's trading in the low 90s; a swift kick in the pants down to the high 70s would really get me interested. more later.