Anybody remember this article:
https://seekingalpha.com/article/4063238-sears-holdings-bankruptcy-filing-expected-july-10-soon
Shld was going bankrupt in July. Sure it is.
Eddie has lined sears almost $2 Billion dollars, how does he get it back if he bankrupts? He doesn’t.
It really is that simple. Keep working hard, keep serving the customer.
We will make it.
The transformation continues.
"Keep working hard, keep serving the customer.
We will make it.
The transformation continues."
BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!! BWAHAHAHAHAHAHAHAHA!!!
There is no case against bankruptcy. All you have to do is walk into a store and look at the signage. It is a going out of business sale.
Kool-ade, kool-ade, tastes great...sears will rebound can't wait !
Maybe Eddie will forgive the loans :-). Anything is possible, right?
The merchandise also collateralizes the loans. Don’t you worry your precious little heart about Eddie. He will be okay.
-biz they are. Which property is worth anywhere near that? Really. Who wants these mall properties, JC Penney? Wal Mart, Macy’s?
It’s a cute argument but the properties aren’t worth $2 B not even close.
"The transformation continues." To disappoint!
A follow up by the same author with one exception, he ignores his prior comments and finally admits he is short SHLD (after previously saying he had no holdings)
https://seekingalpha.com/article/4114104-negative-news-killing-sears
Eddie's loans are collateralized by real estate. If the company does not have the cash to pay him back, he will get the real estate.