Things won't look good for any one short here!  $M

Investor group consisting of Arkhouse Management & Brigade Capital has made a $5.8B or $21/share offer to take $M private. The group already has a big stake in Macy's through Arkhouse-managed funds and has discussed the proposal with the department store chain, whose board subsequently met to discuss the offer.

 Sooooo with the large Short position that I have in the #2000sSearsAndRoebuck $M is this positive or Negative right now..?!?

I've been amazed at $M has done as well as it has considering what a bad time this is for the retail industry.

While I agree with you for the most part, there will always be a need for retail stores, which by the way, have online sales as well. And some online only stores like #Amazon, have begun to open retail locations. So when it comes to #Macys, yes, we can agree to disagree. By the way, I'm not just bullish on $M but on $AMZN as well.

So do you and Jonathan Weber think that Macy's is actually worth holding on to? It would takes more than weathering the storm to get me to want to own $M. Do you both expect Macy's to do well after the pandemic? I don't see how it would be possible to do better than it did before.

I'm bullish on $M. I had almost written them off years ago, when I started clearing out my portfolio of all retail stores. But while countless companies like Sears showed they couldn't change with the changing times, I've been impressed at how Macy's has still managed to hold its own when so many others have failed. If any company can weather the storm and come out the other side stronger, it's #Macys.

No one can expect Macy's to do well in this environment. I think they are handling the crisis as well as could be expected. Probably better than most. $M

Wait a minute, you think the pandemic was good for the retail industry? #Macy's ($M) can close non-profitable stores when there's no pandemic going on.

Also, $M jumped over 20% over my recommended price.