Do you remember 2008? Fun times to be in the markets with cash. What looked like on my end was just about everything worth value that I was interested in became a penny stock. I can name 4 auto suppliers I owned under a buck, some under .30c. I saw many Q stocks come out of bankruptcy courtesy of the market recovery, NOT economic recovery. It's in Lampert's best interest to keep commons intact. He's stated he would prefer to avoid a bankruptcy in any restructure. So what happens if he buys kenmore and makes the payment? A stock rally at the very least. It pays to know how to read charts, and know what potential catalysts could lead to a price rally.
Full disclosure: no position. but watching in case I see something : )
Never listen to the thoughts and ideas of someone who acts as if they have it all figured out. Trade like every trade is your last
