Any buyers? The only problem is you will be stuck with the $5.8B debt, as well as crumbling stores, a systems that are a shambles, and lawsuits from vendors, communities, and everyone who has ever been wronged by Sears or Kmart.
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Halt, SHLDQ, and close trading Tuesday at 4.75¢. Then stupidheads will run it up for no reason to dump on you and it should hit 12¢, but if you have patience and wait until Friday it'll be 1.667¢. Organized chatrooms and trading groups will hit the stock hard to force a rally and potential short squeeze, citing Eddie's $300 million as a bullish catalyst, when really they just plan on dumping the stock on you.
They will eventually concert to Chapter 7, because Eddie has had over a decade to strip assets outside of bankruptcy. There's nothing left worth saving. Millennials don't care and Gen Z won't either.
This is true--it will end up on the pink sheets, probably trading as SHLDQ.
Stock will drop to 20 cents right away then be halted only to be moved to the pink sheets the next day
that is a very good estimate, IMO.