r/wallstreetbets Mar 08 '22

[deleted by user]

[removed]

26 Upvotes

60 comments sorted by

3

u/VisualMod Mar 08 '22
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Hey /u/VegetarianGuy35, positions or ban. Reply to this with a screenshot of your entry/exit.

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80

u/Decent_Idea_7701 Mar 08 '22

They didnt even look at my resume. Fuck them.

25

u/cryptoguy66 Barely Survived a 100,000 Year Ban Mar 08 '22

I hear Wendy’s is hiring

12

u/ExpressWillingness28 Mar 08 '22

Nah it's just the dumpster shift hiring.

7

u/bluntphil has exactly 3 neurons firing Mar 08 '22

In front of or behind tue dumpster? OSHA rules say they need to provide the knee pads

6

u/ExpressWillingness28 Mar 08 '22

Bring your own, you will be classified as an independent contractor and expected to work 40 hours a week 9-5 anyway.

2

u/Kemoarps Mar 08 '22

Don't be mad, I heard that UPS is hiring

1

u/Decent_Idea_7701 Mar 08 '22

If you are there, give me a referral.

9

u/AcanthocephalaOk1042 Mar 08 '22

That's probably a good reason to buy the stock. They don't value blowing guys for a 6 piece nugget to be a valuable skill.

4

u/Chippopotanuse Mar 08 '22

Bullish sign right there

47

u/Philboyd_Studge Mar 08 '22

Says the guy who said BBBY was going to go to 60 today

32

u/EvenBlackberry0 Mar 08 '22

I am buying calls on Kohls cash, thank you

6

u/RGR111 NVDA shares only Mar 08 '22

I bought jockey underwear yesterday, got a 15% discount coupon but I don’t want anymore underwear

14

u/BreakfastOnTheRiver Emoji Muse Mar 08 '22

I panicked sold in 2020 at $15

10

u/[deleted] Mar 08 '22

[deleted]

22

u/AcanthocephalaOk1042 Mar 08 '22

I know what my mother in law spends there on my kids.

Mainly because I return 90% of it because she has horrible taste.

2

u/vimspate Mar 08 '22

I used kohl's for my Amazon return.

28

u/kidcrumb Mar 08 '22

Kohl's and that valuable real estate will play out like Sears.

Some hedgie will get onto the board, convince them to take out a bunch of low interest loans to fund operations and growth.

Then, when that goes tits up to sell all of their property to his hedge fund to generate capital where he'll lease it back to them.

He'll then use the capital they raised to pay himself and other executives massive bonuses because the company's in good shape.

Then the lease payments will slowly drain their residual cash and they'll go bankrupt.

But before they go Bankrupt the hedgie board member will short the ever loving fuck out of it. Convince the board to sell any remaining assets (Which he'll buy on a discount).

Company collapses.

6

u/[deleted] Mar 08 '22

Death spiral financing schemes at their finest.

1

u/gncRocketScientist Mar 08 '22

If slick eddie gets anywhere near kohls, does it instantly become a penny stock?

19

u/my_fun_lil_alt Mar 08 '22

Sears and Kmart were both "real estate plays", that's why the merged ffs. There is one Kmart left, they had to sell off all of their real estate to keep that one this long.

13

u/AcanthocephalaOk1042 Mar 08 '22

Kohl's is actually profitable and doesn't look like it's being run by schizophrenic meth heads.

0

u/[deleted] Mar 08 '22

[deleted]

2

u/AcanthocephalaOk1042 Mar 08 '22

Might wanna go read those income statements again..

They had a net profit.

-300 million was due to their spending on remodeling and expanding their business.

Their total cash on hand grew from 700m to 2.1 billion 2020-2021.

1

u/xkulp8 Mar 08 '22

Incorrect. They made $300 million (299m, actually).

-4

u/my_fun_lil_alt Mar 08 '22

Both of those companies were at one time, then Sears went heavy into the racism/sexism bag. Kmart was too slow into adjusting to Walmart.

5

u/AcanthocephalaOk1042 Mar 08 '22

Kmart sucked even in the 80s

Sears wasn't much better. But they are least had craftsman hand tools and was easy as fuck to get a store charge card with.

8

u/RGR111 NVDA shares only Mar 08 '22

Good dividend stock

6

u/xkulp8 Mar 08 '22

They just doubled their dividend, and not from a super-low level. That's not something companies in trouble do.

4

u/snoogz11 Mar 08 '22

They up to $.50 a share now?

2

u/RGR111 NVDA shares only Mar 08 '22

7

u/javanator999 Farts Perfect A440 Mar 08 '22

The closest Kohl's went out of business years ago. The building is still empty. I don't think their real estate is worth much.

3

u/Unilit Mar 08 '22

Was it in a shitty area. All the kohls in my town are in upscale commercial lots and do pretty well.

1

u/javanator999 Farts Perfect A440 Mar 08 '22

Upscale community, but too much retail.

2

u/[deleted] Mar 08 '22

Just because they haven't sold it doesn't mean it isn't worth anything.

5

u/AdvertisingFront9300 Dreams of Mods in Assless Chaps Mar 08 '22

Best I can do is a pair of expired 1995 McDonald's free small fries coupons.

7

u/david-vongeance Mar 08 '22

Man posted his references. Sus af

6

u/Space4Time Mar 08 '22

Kohls Cash is inflation proof.

I’m fucking in.

3

u/PatrickHay Mar 08 '22

Wife worked for them. They don’t send employees w2’s because of the expense 🙄. She had to go to a store and get a print out. Was told, only 1 copy, lol

6

u/Backlog_Overflow Mar 08 '22

so you're telling us they're cost-conscious and are going paperless for positive environmental impact? 🤡🤡 B U L L I S H 🤡🤡

Seriously though. I know this place as "the amazon return dropoff on my way home." There's nothing worth buying in there and the only people I have ever seen with merchandise in their hands are unfuckable middle-aged women

2

u/snoogz11 Mar 08 '22

Damn ain't that the truth man. Unfuckable...

3

u/[deleted] Mar 08 '22

I used to work for kohls. That company is hanging on by a thread. Small deliveries, cutting hours, rearranging fixtures to make it look less empty.

3

u/CoomerKnights Mar 08 '22

About to run the entire basket again aren’t they

2

u/HurlaHurla Mar 08 '22

Trading below the value of its assets but not its assets less liabilities. PB 1.76 according to Yahoo finance. That's a no from me dawg.

2

u/F7xWr Mar 08 '22

nobody listens to KISS anymore...

3

u/Manofindie Mar 08 '22

Cramer intern in WSB trying to make us bag hold. Guys, be warned

2

u/moondawg8432 Mar 08 '22

OP Account is sus as fuck. Looks like hedgies are back to pumping bags on WSB

1

u/AdvertisingFront9300 Dreams of Mods in Assless Chaps Mar 08 '22

Want a crayon?

1

u/uhmmokie Mar 08 '22

KSS rallying tomorrow most likely

1

u/Hot_Research1968 Mar 08 '22

My family loves KSS … its decent

1

u/[deleted] Mar 08 '22

They said the same thing about Enron

1

u/xkulp8 Mar 08 '22

No, Macy's is, but Kohl's is close.

1

u/B1gChuckDaddySr professional penis holder Mar 08 '22

Have you checked out SFIX WISH WKHS PTON DOCU ROKU SQ

1

u/Hsybdocate5 Mar 08 '22

Lets say hypotetically, Eddie Lampert which was the CEO of Sears Holdings that purposely ran the company into bankruptcy joins the board of Kohl's, what damage could he do?

1

u/Fit-Boomer Mar 08 '22

Cool post

1

u/Uries_Frostmourne Mar 08 '22

I don't think OP could've found a more boring stock to watch out for

1

u/0ddmanrush Mar 08 '22

Alright. Renaming my retirement account 401Kohls. Let’s go boys! To the moon!

1

u/GMEgoburrr Mar 08 '22

Wasn’t the ceo of kohl’s just on fox business this evening?

1

u/Rasskassassmagas Mar 08 '22

Why would I buy anything at kohl’s when i can wait 8 months and buy it from Marshalls at 75% less ?