DDS

D

dealmaker

Dillard’s Stock Soars 42% After Warren Buffett’s Deputy Reveals 6% Stake (Business Insider)
Dillard’s stock surged as much as 42% on Monday, after Warren Buffett‘s deputy disclosed a nearly 6% stake in the ailing department-store chain. Ted Weschler, who helps Buffett manage Berkshire Hathaway‘s investment portfolio, along with Todd Combs, revealed the personal holding in a Securities and Exchange Commission filing released on Friday. Weschler’s 1.08 million Dillard’s shares jumped in value to about $62 million on Monday. Dillard’s stock had dropped about 40% this year, reflecting the coronavirus pandemic’s devastating impact on physical retailers, as well as investors’ growing concerns about department stores in an increasingly online world.
 
Likely "the horse is already out the barn" on this one. Buffet may have already achieved his target gain.

DDS was a possible "technical buy" in the $20s. Now, it's nowhere'sville unless one thinks/hopes(?) the Buffett buy will propel it beyond the $50's
 
Well between Macy's and Dillards....
....at least now we know which one owns the best real estate.
Pretty much all they're worth.

And there is value there.
Make no mistake.

Huge value.

"Land Scarlett... land."
"Its the only thing worth ... (blah blah blah)".
-rb
 
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