$Macy's (M.US)$ Hoping we see Macy's go down to 14. One of t...

$Macy's (M.US)$ Hoping we see Macy's go down to 14. One of their top people that helped build the business left the business last week as well as Joyce from the board.

Over 100's of millions in debt. The best bull argument I heard was that if they sell half their business in assets that it could cover it.

I don't see it making that decision anytime soon without the people who just stepped down making that choice and them being in a position to let so many people go from jobs by closing more stores.

Even with their online market place, they aren't beating place like $Express (EXPR.US)$ online in clothing prices and selections as well as Canada with their cologne and makeup prices with a lower free shipping.

We saw a small gain in a pool of blood just to close bearish again this Friday. Macy's gain back almost 4 dollars in a week after gaining it in about 2 weeks which is so clear on the day to day chart when you zoom out.

They need to niche down and do an offering to cover a lot of that debt on top of what they are already doing which is closing down stores and keeping their most profitable stores up in malls at a lower cost if possible.