stock market was up today...

So, who else decided to play the game this week? I made back my initial investment yesterday so the rest is just for fun at this point. If it tanks and I eat it, meh.

If this holds with a clean getaway down the road, I'm going boat shopping.
 
You ever watch the Business Blaze channel on YT? Basically, it's a humorous blast on certain business practices and failed businesses.

Anyway, one of the episodes focused on how Sears was one of the ultimate fails by not transferring over to the e-commerce system before everyone else and burying Amazon before they even got started. Basically, had they taken the Sears catalog online and offered 3rd party sellers (like they do now) they not only would have survived, but likely thrived since they had the infrastructure in place already.

Sears really is a victim of self inflicted gunshot wounds by not seeing (or believing) how much the internet was going to blow up in the late 90s.
Easy to see now. Not so much after the dotcom bubble burst

Also, Sears was never really known for making the best decisions as a company - too big for its own good - run similar to a federal government entity
 
Easy to see now. Not so much after the dotcom bubble burst

Also, Sears was never really known for making the best decisions as a company - too big for its own good - run similar to a federal government entity


They sold Allstate off.

Just one stupid blunder after another.
 
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So, who else decided to play the game this week? I made back my initial investment yesterday so the rest is just for fun at this point. If it tanks and I eat it, meh.

If this holds with a clean getaway down the road, I'm going boat shopping.

I didn’t play, but may take a position in SLV at the open on Monday. I’ll watch the futures. Good luck on the boat purchase.
 
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