InvestorsHub Logo
Followers 253
Posts 28396
Boards Moderated 4
Alias Born 07/07/2004

Re: None

Friday, 11/03/2017 11:12:51 AM

Friday, November 03, 2017 11:12:51 AM

Post# of 37346
"How Much Cash Does Sears Have Left?" A must-read.

"In other words, Lampert will likely put off Sears' bankruptcy for as long as he can, or at least until the company's underlying real estate assets can justify it. That means that Sears' demise is likely to come piece-by-piece, just as it's been unraveling in recent years, rather than in a sudden bankruptcy declaration. As of its most recent quarterly report, it still had 1,250 stores, so there's plenty more assets to unwind and stores to close. Though the retailer appears to be in the last throes of death, it could still hang on for a few more years if Lampert wishes."

https://www.yahoo.com/finance/news/much-cash-does-sears-left-105000841.html

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.