Wednesday, October 19, 2011

What We're Reading 10/19/2011

While the stock performance has been dreadful, RIMM continues to gain subscribers.  I still believe there is tremendous value here at current levels ($22). Long RIMM

Should investors revisit SHLD?  While I have been long previously, FCF is deteriorating too quickly and is a short.  Short SHLD

AMZN, the Company That Ate the World.  Interesting read, I finally understand why they bought Zappos (buy any potential competitor that offers the same great customer service).  I love Amazon the company but hate the stock as it trading like CSCO in 2000.  Short AMZN

Closing stores and/or downsizing stores.  BBY (long), GPS (long), LOW (no position).  I am also short SPG as a macro play on vacancies.  SPG is a good operator and am looking for more specific names.  Any suggestions would be appreciated!

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