Saturday, November 17, 2018

Sears

Finally found out what happened to Sears.  A hedge fund got hold of it.  And that, of course, meant that it was doomed.  If I owned a company, there is no way that I would take it public.  I would take no chance in a hedge fund getting into my company.  As soon as a hedge fund gets hold of a company, that spells the death knell for the acquired company.  It seems to me that it should be illegal the way they work, but with the present atmosphere in the country now, nothing is apparently illegal anymore unless it  is the poor and working class getting ahead. 

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