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19757603 No.19757603 [Reply] [Original]

would you buy this stock to hold for a long time?

Will macys eventually go bankrupt to like jcp, sears etc?

>> No.19757652

>>19757603
just looking at the graph, it seems bearish as fuck.
I wouldn't touch it now, before the first sign of an uptrend, which can happen if the current "support drop" bounces up

>> No.19757680

Buy EROS

>> No.19757734

>>19757603
No. The targeted the "middle" class where as JCP targeted the "lower middle" class, so Macy's is slightly safer but I still wouldn't touch it. Unlikely to file for bankruptcy in the next year though

>> No.19757741

Ignore the graph. Ask yourself: is traditional brick and mortar retail going to see growth over the next decade? Is the new generation of shoppers spending a lot of money in the mall? Does Macy's in particular offer anything over other mall anchor retailers, or anything over online retailers?

>> No.19757758

>>19757603
You have a finite amount of money and there a finite amount of bets so why would you put it into this when there are hundreds and thousands of companies to choose from? Their revenue growth is on a 5 year down trend.

>> No.19757792

>>19757603
Macy’s does have good furniture for the price. And offers free shipping on it. I’d recommend.

>> No.19757872

>>19757741
this you ask yourself during the normal times, but now it's not normal times.
Right question is "is the macy's actual value right?"

>> No.19758071

>>19757603
Why would you buy into a dying industry when you could invest in technology, ie. the present and the future?

>> No.19758101

>>19757603
all retail ESPECIALLY macy's was going to go bankrupt eventually

>> No.19758114

>>19757603
Man, this is just so sad to see (not really).

>> No.19758132

>>19757603
>would you buy this stock to hold for a long time?
Go Walmart or Target IMO

>> No.19758147

>>19757872
Are we investing, or are we speculating? Speculation is for degenerates.

>> No.19758180

>>19757872
His underlying assessment is correct. Just because it might catch a bump due to money printing and retail retardation ala Hertz doesn’t mean it’s not dying

>> No.19758230
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19758230

>>19757603
>long term investing in brick and mortar retail

>> No.19758248

>>19758147
This is not gambling, i don't know if you understood what a "return to normal" is. This macy's being so low doesn't mean it's worth nothing, also because there are no fundamentals justifying that dip, a part from covid.
You're asking if this is going to make more money than amazon in the next 3 years? Of course not.

>>19758180
We're not talking about hertz, is this macy's failing? No

>> No.19758309

Of course op do the opposite of what most of biz says and buy this shit stock, they believe that the only stocks worth investing in are the faang, and of course they bought at the ATH.

>> No.19758362

>retail sales were surprisingly good
>macys only up 5%
lel

>> No.19758516

>>19758248
No but the trend of brick and mortar going the way of the dodo is undeniable. Quit being a shithead

>> No.19758579

>>19758516
im not a big fan of buying clothes&shoes online, because you can never be sure they'll fit you right.

>> No.19759610

>>19758516
ok keep buying amazon stocks at the ATH because you've read on wired about the future of the future

>> No.19759685

>>19759610
You seem upset friend. I don’t support amazon either mostly because it’s just a vehicle for cheap Chinese shit

>> No.19759719

>>19757603
Yeah dude totally throw finite non-specific resources at a dying brick and mortar store. What could go wrong?

>> No.19759755

>>19759685
I'm not, but seriously, tired of "the visionaires" that in the end have the same exact opinion as everyone.
And that's the definition of dumb money.
Not implying that of course this "Macys" whatever is the future, i think as a trader and i don't give a fuck about what's going to happen in 5 years or in the next decade.
What's matter is what happens next week, next month.
And it's a shame missing a dip like that because "muh the future".
This is true about a ton of other undervalued stocks of course.

>> No.19759783

>>19759755
Fair enough, I tend to be conservative in my investments, ie chickenshit, and miss out on opportunities as a result. Is there money to be made in Macy’s? Of course. Can I predict the vagaries of the market? Sadly no

>> No.19759836

>>19759783
I didn't invest long term so far, but seriously, have you spotted some very undervalued stock and you're holding it right now? Or are you holding some stock bought because everyone is enthusiast of it? If you're in the first case, good job, if you're in the second, i suggest you to rethink about your strategy

>> No.19760201

>>19757603
Why do any of you fags buy shit like this? There's dozens of other stocks you could buy that won't feel like Russian roulette

>> No.19760232

>>19759610
Companies at their ath have a higher chance of bringing you profits than companies dead in the water. Specially when those companies produce the same service that 100s of others do

>> No.19760363

>>19759836
No, in addition to being chickenshit I’m also stubbornly contrarian, meaning I buy and hold garbage based on my own due diligence instead of just following the herd looking for a greater fool

>> No.19760507

>>19760232
>buy high sell low

>>19760363
Ok, does it work?

>> No.19760559

>>19760507
Not well enough I’m afraid. It seems like chasing momentum is the better strategy but my hands are weak

>> No.19760572

>>19760201
Name them

>> No.19760703

>>19760572
Problem with those sort of fags is that they can't actually name a price for anything.
>Macy's shares $200 that's ok! I'll skip it
>Macy's shares $1 that's fair! It's dead in the water!
>Macy's shares $1200 that's good! I'm buying!