Sears Holdings Corp. (fka SHLDQ)

[LouisDesyjr]

Recent drop

The thing I am wondering about, is there something else going on, that is not apparent, and Sears is only weeks away from BK?

I took a look at the one month chart. It was as high as 17 or 18, and now is near 10 or 11. I just seems that kind of drop would only be taking place if the company was 'dead' and everyone who knew, or had an inkling that BK was only weeks away, was bailing out.

I did not expect such a movement in the stock to take place until sometime in 2017, but maybe all of retail is far worse off than I had ever expected.

Louis J. Desy Jr.


Disclosure: I own Jan 2018 $5 put options.