tag:blogger.com,1999:blog-2335748440449035592.post1022293931810479240..comments2009-01-14T13:14:47.888-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2335748440449035592.post-78375700734765922902009-01-14T13:14:00.000-05:002009-01-14T13:14:00.000-05:00Gottschalks is a Macy's type of chain for the new Oldsmobile every third year, grey-haired set. Been around forever... jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-45299684891584822202009-01-14T12:32:00.000-05:002009-01-14T12:32:00.000-05:00Never heard of them either; obviously stores are not my speciality :)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-3600337908258848182009-01-14T12:21:00.000-05:002009-01-14T12:21:00.000-05:00Well that was fast, Gottschalks is done:<BR/>http://biz.yahoo.com/ap/090114/gottschalks_chapter_11.htmlnosajiohttp://nosajio.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-76953572766673493702009-01-13T14:54:00.000-05:002009-01-13T14:54:00.000-05:00kmm, thanks for those names<BR/><BR/>we once owned FCN on that same thesis - restructuring consulting - but the stock has stunk for a long while now.<BR/><BR/>jegan, we talked about GGP a few times<BR/><BR/>http://www.fundmymutualfund.com/2008/11/general-growth-properties-ggp-looks-to.html<BR/><BR/>DDR new one to me.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-22308883236611197412009-01-12T23:37:00.000-05:002009-01-12T23:37:00.000-05:00Well.. I guess I called that right... DDR and GGP (Large Mall REITS) Both tanked 20% today... jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-21065923352096636602009-01-12T17:54:00.000-05:002009-01-12T17:54:00.000-05:00A little pin action would be to short the Commercial REITS that are Mall oriented. I'd look at SRS, but as TM has noted (and has been widely reported lately) the inverse short Proshares often don't give you the happy returns that you'd expect... Course, do it when the market is up!<BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-41331616456242013822009-01-12T15:04:00.000-05:002009-01-12T15:04:00.000-05:00Other recent bankrupt retailers include:<BR/><BR/>KB Toys - Dec 2008<BR/>Mrs. Fields Cookies - Aug 2008<BR/>Tweeter - Nov 2008<BR/><BR/>A wave of bankruptcies would be positive news for firms such as FCN and EPIQ that specialize in banruptcy services.kmmhttp://www.blogger.com/profile/08400302389439499045noreply@blogger.com