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Seritage Growth Properties (SRG)

NYSE - NYSE Delayed Price. Currency in USD
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5.40+0.19 (+3.65%)
At close: 04:00PM EDT
5.32 -0.08 (-1.48%)
After hours: 06:57PM EDT
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  • D
    DigitalRobberBarons
    Please beat this up. I'm in accumulation mode.
  • N
    Nick
    This stock has a market cap of under $400 million? They has a couple properties worth that much! This stock is so beyond over sold It would be like buying Microsoft for $20.
  • O
    Omar
    Just bought in. Is this a good investment?
  • D
    Drive
    The short interest on this stock was clearly right. Lol
  • D
    David
    with SRG withholding DEF 14A , ( which C-Corps report ) , you have to wonder if Lampert has dumped all his shares , at last bat he was shifting shares to hide W.B.'s departure , but even Eddie knows that with Debt , cost that inflation is putting on things , some tightening going on , he might have reached his point .

    they produce that DEF , and he has jumped ship , this thing will be $2 , that afternoon
  • J
    Jay
    3$ my love $3
  • m
    matt
    I guess no deal is coming and Eddie will buy out of bankruptcy. The more things change the more they stay the same.
  • m
    mivey
    Anyone know of any good REIT short candidates?
  • D
    David
    maybe SRG should build some LBGTQ schools , HR 1557 states , prohibiting classroom discussion about sexual orientation or gender identity, in certain grade levels or in a specified manner.

    grades K thru 3 is stated later in bill , which I don't know how I feel about this ,
    BUT ( always a big BUT ....lol)

    if teacher of K thru 3 happens to be a member of the topic , and Little Johnny is at beach , and see's teach kissing the issue in question , ( and kids being honest and innocent as they are ) ask teach why the contact they saw at the beach , ( well , Houston , we have a problem , cause now we have a classroom discussion )

    should SRG build schools to assist with this situation , they do have property in Florida .

    I think kids are entitled to an answer , and one that does not create a stigma .

    SRG better build something , and no doubt they would get funding for this
  • D
    Drive
    Another all time low. Wow shorts are making a fortune off this stock
  • D
    David
    same ole song , lower lows, with the occasional abra cadabra to pump, be glad you didn't follow Snoop into NU ...lol

    Snoop will be back with the fairytale how, he sold at high, but he is racking up losses .

    things slowing is not a good recipe for SRG , as cost of renovation wont roll back in time
  • N
    Nick
    $345 million market cap?
  • D
    David
    nobody wants to talk about recent filing , or is it you don't understand it ?

    they now have permission to sell property , any property , with OUT mother may I .

    but ( there is always a But ...lol)

    provided that the borrower deposits >>>>all net proceeds<<<<< received into a controlled account...

    the use of such net proceeds will be subject to the terms and conditions of the Senior Secured Term Loan Agreement, including but not limited to the restricted payments and investments/loans covenants.

    they still have Not filed DEF-14A , and you can rest assured W.B. and Eddie have dumped this hole in the water , BRK is now just trying to recover loan , an as quickly as possible , they know another recession is the last recession Seritage will see
  • N
    Nick
    I felt like that earnings report was proof that SRG is looking good. Sign a LOT of leases. Like the Amazon least. I think things are looking up big time.
  • J
    Jack
    No bankruptcy yet?
  • N
    Nick
    Did I miss something here? Did aliens fly to earth and take 80% of the awesome pieces of land that SRG owns or something? This stock keeps dropping, but the land the company owns is only climbing in value? I don't get it?
  • J
    Jack
    Dead
  • D
    DigitalRobberBarons
    SRG signing large lease with AMZN. This should support the stock and perhaps give it a pop once people digest this news.
  • C
    Codie
    I am still wondering why Seritage Growth Properties has decided to terminate the company's REIT status. Has the company's senior management provided the public with the sufficient detail of why and how a substantial change in the organization's status came about? I simply do not understand how the average Seritage shareholder benefits from a change in REIT status.
  • D
    Drive
    No reaction to earnings.