Singkat
SEARS HOLDINGS CORP (SHLD) IS GOING TO $0
As of today, Sears Holdings Corporation has a book value of -$18.45. Kindly notice the negative sign, given the fact that liabilities > assets. In addition, it has annualized losses per share of -$10.7 and it is expected to have Q1 results of -$3.21 EPS. Based only on these fundamental metrics, a valuation of $16.81 per share is totally unsustainable in the short run, let alone in the mid run or long run. These fundamentals are expected to further deteriorate in the coming quarters.
From a technical perspective and as seen in the chart, SHLD is in a clear downtrend tunnel, and it is following it rigorously like in a textbook example. I expect SHLD to be below $16 at a minimum before end of March, and maybe close to $12 depending on other market conditions. I also consider low risk forecasts the following:
SHLD with a price below $14.5 by June (especially after publishing Q1 results)
SHLD with a price below $10.5 by December
All the above provide good reference points to speculate with Options or simply sell short the stock with even lesser risk; as long as the underlying asset follows the technical patterns described.
From a technical perspective and as seen in the chart, SHLD is in a clear downtrend tunnel, and it is following it rigorously like in a textbook example. I expect SHLD to be below $16 at a minimum before end of March, and maybe close to $12 depending on other market conditions. I also consider low risk forecasts the following:
SHLD with a price below $14.5 by June (especially after publishing Q1 results)
SHLD with a price below $10.5 by December
All the above provide good reference points to speculate with Options or simply sell short the stock with even lesser risk; as long as the underlying asset follows the technical patterns described.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.