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


To: bruwin who wrote (64401)7/24/2020 6:17:24 PM
From: $Value$1 Recommendation

Recommended By
Nya_Quy

  Respond to of 78775
 
Lol. Do you honestly think that covid-19 had NOTHING to do with my sale of TLRD? l would still be holding the stock if we never had covid-19. Every investor had to re-evaluate their investments due to the pandemic. TLRD didn’t make the cut. The reason I sold was because the retail environment for most products are going to be negatively impacted, most of all specialty apparel. It was a difficult turnaround to being with, the coronavirus made it much, much worse. With unemployment continuing to remain high, the company will not last till the sales rebound. Remote working is going mainstream among many industries with corporations continuing with the cost cutting initiatives they implemented pre covid, which will be accelerated and expanded during and post covid, meaning even more layoffs. Your sheer arrogance of actually thinking I made a mistake in investing in the company from the start, and now thinking you were right, is laughable. You sound like those idiots that bash Buffett for buying airline stocks way before the world knew of the coronavirus, and then laugh when he sells due to covid-19 because he made a “mistake” buying them in the first place. No logic.