Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Swing Traders » SGRP wins major contract from KMART!

 - UBBFriend: Email this page to someone!    
Author Topic: SGRP wins major contract from KMART!
rocky11
Member


Rate Member
Icon 1 posted      Profile for rocky11     Send New Private Message       Edit/Delete Post 
SGRP wins major contract from KMART, will release details next week. This is good for at least a short term gain on this stock coz until they release the details next week, there will be buying on this stock (usually news like this pushes the price up for a few days).

Troy, MI-- Friday 9:05 am (BUSINESS WIRE)--Kmart Holding Corp. (NASDAQ: KMRT) Announces that it will be re-opening it's Kmart and Big Kmart stores with the new Sears name attached to them. The move to capitalize on the Sears name could be the extra push the defunct Kmart needs according to investors. Investor confidence in the new Kmart is reflected in the rapidly increasing share price of Kmart as it continues to rise since the merger was announced. In a surprise move Kmart also announced an upcoming deal with international merchandiser SPAR Group Inc. (NASDAQ: SGRP) to assist in the opening of the new Sears branded Kmart stores. SPAR Group Inc. (SGRP) plans on releasing results of the planned openings next week and is showing very positive and promising numbers. Planned openings of more Sears store locations could push Kmart into the second largest chain narrowing the gap between the number one spot holder Walmart (NYSE: WMT)



Posts: 37 | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
TKEGREEKLA
Member


Rate Member
Icon 1 posted      Profile for TKEGREEKLA     Send New Private Message       Edit/Delete Post 
Even, if the ENRON plague hits KMART? Martha already went whos next?(j/K)
Actually, shorted Kmart at 104.50

Posts: 5 | From: TAMPA,FL | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
   

Post New Topic  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

1997 - 2013 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share