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| First Fortune 500 company to go under https://mail.chicagofanatics.com/viewtopic.php?f=129&t=120901 |
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| Author: | Antarctica [ Mon Mar 23, 2020 4:19 pm ] |
| Post subject: | First Fortune 500 company to go under |
Place your bets! |
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| Author: | Douchebag [ Mon Mar 23, 2020 4:20 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Probably an airline. I'll go with United. |
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| Author: | denisdman [ Mon Mar 23, 2020 4:20 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Sears. For the second time. |
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| Author: | Antarctica [ Mon Mar 23, 2020 4:26 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Airlines is a nice bet but I think the bailout may buy them a few months before they start dying off. I like Live Nation, iHeart Media or Manpower Group (gaaaaayyyy) could be awaiting the block. Live Nation for obvious reasons, iHeart because noooobody listens to the radio unless they are going to/form work and when unemployment is at fifty percent the temp agencies could all roll over and die. |
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| Author: | Caller Bob [ Mon Mar 23, 2020 4:27 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
(((Sinclair))) Media Group |
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| Author: | Douchebag [ Mon Mar 23, 2020 4:28 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Antarctica wrote: Airlines is a nice bet but I think the bailout may buy them a few months before they start dying off. I like Live Nation, iHeart Media or Manpower Group (gaaaaayyyy) could be awaiting the block. Live Nation for obvious reasons, iHeart because noooobody listens to the radio unless they are going to/form work and when unemployment is at fifty percent the temp agencies could all roll over and die. I'll be there with a lighted torch to burn Live Nation to the ground. |
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| Author: | Frank Coztansa [ Mon Mar 23, 2020 4:33 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Depending on how long this goes on, it could be Darden restaurants or MGM Grand. |
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| Author: | Zippy-The-Pinhead [ Mon Mar 23, 2020 4:34 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Macy's. Only a fool would invest in them. |
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| Author: | Regular Reader [ Mon Mar 23, 2020 4:36 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
LVMH would be a nice, but unlikely starter. |
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| Author: | Dr. Kenneth Noisewater [ Mon Mar 23, 2020 4:37 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Douchebag wrote: Probably an airline. I'll go with United. Too big to fail. |
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| Author: | Antarctica [ Mon Mar 23, 2020 4:39 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Their real estate is worth more than their market cap. Denis sold me on the Macy's train. |
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| Author: | Zippy-The-Pinhead [ Mon Mar 23, 2020 4:41 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Antarctica wrote: Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Their real estate is worth more than their market cap. Denis sold me on the Macy's train. |
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| Author: | Caller Bob [ Mon Mar 23, 2020 4:42 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Denis needs you guys to make bad investments. That's how he wins. |
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| Author: | Chet Coppock's Fur Coat [ Mon Mar 23, 2020 4:50 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
I can't be bothered to care which companies are in the Fortune 500 vs. the Russell 2000 or whatever, but any retail company that has a significant amount of stores in a mall would be a prime candidate to me. Simon and Westfield are probably ok. If Oak Brook Mall completely closed down tomorrow, there'd be a rush to figure out who gets to build single family McMansions there. But Simon and Westfield's tenants? They were already on thin ice, and they're fucked if this goes with five more weeks of closures and then five weeks of scared and broke customers. |
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| Author: | Frank Coztansa [ Mon Mar 23, 2020 4:52 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Chet Coppock's Fur Coat wrote: the Russell 2000 Julie hates this one.
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| Author: | Hussra [ Mon Mar 23, 2020 4:59 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
LYV AEG |
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| Author: | WaitingforRuffcorn [ Mon Mar 23, 2020 5:10 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Airbnb |
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| Author: | denisdman [ Mon Mar 23, 2020 5:13 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Welp, guilty as charged. |
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| Author: | denisdman [ Mon Mar 23, 2020 5:14 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Frank Coztansa wrote: Chet Coppock's Fur Coat wrote: the Russell 2018 Julie hates this one.FTFY |
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| Author: | Kirkwood [ Mon Mar 23, 2020 5:15 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
GameStop (GME) |
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| Author: | Zippy-The-Pinhead [ Mon Mar 23, 2020 5:18 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
denisdman wrote: Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Welp, guilty as charged. I’m assuming you know that was tongue-in-cheek. |
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| Author: | doug - evergreen park [ Mon Mar 23, 2020 5:31 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
IHeartRadio is a good bet. |
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| Author: | denisdman [ Mon Mar 23, 2020 6:00 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Zippy-The-Pinhead wrote: denisdman wrote: Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Welp, guilty as charged. I’m assuming you know that was tongue-in-cheek. Hah, regardless, I deserve it. Not to proud to admit when I am wrong. |
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| Author: | Zippy-The-Pinhead [ Mon Mar 23, 2020 6:12 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
denisdman wrote: Zippy-The-Pinhead wrote: denisdman wrote: Zippy-The-Pinhead wrote: Macy's. Only a fool would invest in them. Welp, guilty as charged. I’m assuming you know that was tongue-in-cheek. Hah, regardless, I deserve it. Not to proud to admit when I am wrong. too 
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| Author: | newper [ Mon Mar 23, 2020 7:43 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Wyndham Destinations |
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| Author: | Curious Hair [ Mon Mar 23, 2020 7:48 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
doug - evergreen park wrote: IHeartRadio is a good bet. Certainly among the most deserving. |
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| Author: | 312player [ Mon Mar 23, 2020 8:02 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Gap ( gps) |
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| Author: | Kirkwood [ Mon Mar 23, 2020 8:14 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Occidental Petroleum has been in the WSJ frequently even before corona came to America. They outbid Chevron to purchase Anadarko for their shale patch assets. Now they're drowning in debt and oil is in the shitter. |
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| Author: | Kirkwood [ Mon Mar 23, 2020 8:58 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
I'm surprised Dick's hasn't been mentioned. Their decision to continue eliminating stores from selling guns to placate the libs is totally gonna backfire and bankrupt them. I bet they regret their decision right now to not sell guns during this crazy time. |
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| Author: | Caller Bob [ Mon Mar 23, 2020 9:00 pm ] |
| Post subject: | Re: First Fortune 500 company to go under |
Kirkwood wrote: I'm surprised Dick's hasn't been mentioned. Their decision to continue eliminating stores from selling guns to placate the libs is totally gonna backfire and bankrupt them. I bet they regret their decision right now to not sell guns during this crazy time. Not a chance. They've slaughtered the competition in terms of sporting goods retailers. |
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