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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Travis_Bickle who wrote (125846)5/29/2008 8:31:17 AM
From: PerspectiveRead Replies (1) of 306849
 
Lampert is running the show just to blow the company cash jamming its stock price up:

marketwatch.com

Lampert has said he's considering selling some of Sears' products, such as Kenmore appliances, to other stores in addition to selling them online or via catalogs to bolster sales. He's also defended the company's position for not investing more money in its stores, saying that until the company figures out a way to improve the productivity of investments, the company will seek to be "responsible with capital."

Responsible my a$$! The only thing I can't figure is why he doesn't show up as selling any shares in the past year. Does he have some way around the reporting requirement?

BC
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