2 years. Really, just wondering what you base this off of? I was thinking they may be able to make it to march maybe april when the vendors get fed up stop shipping and the warehouse is bare like mother hubbards cupboard.
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it will bounce along the way, nothing goes down in a straight line, and it will bounce when he announces the last of the real estate has been sold, but it will be dead within 2 years tops.
At 9:53AM on January 31, 2017, it hit the $6.66 mark again!!
I take perverse please in the stock being lower than my minimum wage pay.
The death knell pretty much sounded last week at the confirmation hearings where the BK scenario was spelled out, and the conversation that followed confirmed the thought.
All within earshot of the nervous shopkeeper, who impatiently waited in the Senate chambers to see if anyone would acknowledge his plight.
The markets, media, suppliers and employees by now, can see the BK in the future. One would have to blind, to not see it. No amount of cheerleading by Fast Eddie, can stop this Titanic from sinking. My sympathies to all employees. This outcome could have been avoided if executive management has chosen another path years ago.
If it dropps to low it will be delisted. It is possible for a company to survive delisting but I doubt this one will.
http://www.investopedia.com/articles/02/032002.asp
http://fortune.com/2016/12/09/why-sears-failed/
Stock is now down to $6.39. Down more than a dollar that what it closed at Friday.
The stock is at 6.38 right now
Well, that didn't last long.
Just waiting some day for bank to tell me "This Sears pay check has insufficient funds to cash it "