Tick......tick.......tick........


Look at the Balance Sheet. Massive Increase in Long-term debt. Massive decrease in available cash. Massive write-down in real estate values yet to occur. That's not including the increase in unemployment and corporate cost cutting that has yet to affect SPLS bottom line. The last three stores I've gone to have been empty. Can anyone say, "Circuit City."

They are simply a bigger version of "The Michael Scott Paper Company."

I just bought some June puts....