As of 11:15AM EDT on Friday, September 28, 2018, the SHLD stock is at a new record low of $0.91 with a market cap of 99.19M!!
19 replies (most recent on top)
It's official. The stock closed at $0.97 today.
Red alert Mr spock!
At .88 now... someone is trying to prop it back up again.
Probably good ol Eddie, otherwise, no one would be willing to buy this junk of a stock
That would be me. I spent $8.80 to get it moving back up.
But that's all I was willing to risk.
At .88 now... someone is trying to prop it back up again.
News articles keep talking about "Sears Fighting to Stay Alive". This isn't a fight. The body is brain dead. Legs and arms were sold off over the last few years. Some third-rate ambulance-chasing "doctor" is standing over the remnants of a body saying he can "transform it". I'd believe Dr. Frankenstein in his psychotic ramblings more than the CEO of Sears.
Chris, you're a beacon in the darkness.
Sound the sirens!
Here pretty soon a 12 oz can of a name brand soft drink will be worth more than a share of SHLD stock. Where is Kmart Cheerleader? I guess she's buying up all the stock she can get now since she probably thinks it's a great investment.
82!
85 cents now
.85 per share folks....doubt it will ever see $1 again
Briefly at .86 per share
.87 per share at 11:39 AM
Watching it sink
11:26AM it's at .88 per share!
Wonder if the market cap going below $100 million will trigger any covenants with the SHLD debt holders?
Actually, they are then given a 180 day grace period after the stock starts the delisting process after being below $1 for 30 days. So 210 days of being below $1.
The company will go bankrupt far sooner, so that's what will trigger the delisting. Look for shld on the pink sheets soon.
11:23 PM it's at .90
The timer has started. SHLD has 30 days to get back over $1 or the stock will be de-listed. The question is what will be left 30 days from now?