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Re: None

Monday, 02/04/2019 12:53:54 AM

Monday, February 04, 2019 12:53:54 AM

Post# of 37346
Lets get legitimate answers no stupid answers from people who are not familiar with creditors and bankruptcy proceedings.

Remember all these unsecured creditors will be heard in court and the judge will have to render a decision. We know the Pension Bureau is lobbying for 1.4 billion. Say Judge Drain sides with them and says royalties from Sears brands must still be paid. That is a blow.

Remember there could be close to 100 Billion dollars in debt owed to Unsecured creditors and it seems like 99% of the posters on here think Judge Drain will wipe the slate clean. And Creditors will not get a penny.

I see Judge Drain siding with the Pension Bureau because that would be bad optics. I also see other unsecured creditors prevailing.

My opinion is the stock will trade sideways during these hearings and once it is all hashed out and every creditor heard then the stock will begin to act. I am going to roll the dice and get in tomorrow between .44 and .48. Then I will sit nervously through the next three days hoping for good results for ESL

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