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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (63548)3/27/2020 12:31:47 PM
From: bruwin  Read Replies (1) | Respond to of 78778
 
One has to wonder what Michael Burry sees in this LOSS MAKING company, TLRD ...

Prior to any ramifications due to this Virus crisis, TLRD has had Declining Revenues. It's Bottom Line 12 months ago was +$83mil. However, it's latest TTM Bottom Line has DECLINED by $166mil. to -$83mil.

Maybe he wants to "gain control" of TLRD and strip it of its Assets ?!

In today's markets there are many other QUALITY companies that he can invest in at "Bargain Basement" prices and be assured of a good return on his investment.

Maybe his "Contrarian" nature is getting the better of him .....