tsp, you say:
"there is no bankruptcy, the company has emerged. read the filings"
that is such an uninformed statement as you obviously haven't done that which you suggest - READ THE FILINGS!
the following is directly from the 8k, i.e. the most recent filing. ask yourself why would the company still need to seek bankruptcy court approval if they are still in bankruptcy.
the company is still in bankruptcy and unless the chapt 11 is converted to a chapt 7 and a trustee takes over to liquidate sears holdings, then sears holdings will continue to be in bankruptcy for quite some time. also if you read this filing, you can plainly see that sears holdings expresses uncertainty as to the fate of its shares (shldq)
you are entitled to your feeling, but you are not entitled to a separate set of fact. there are no alternate facts. as the filing clearly states, unless you have had something set forth as historical fact, it is a forward looking statement. forward looking statement means they are looking into the future and they don't claim to have a crystal ball.
__________________________________________________________________
Forward-Looking Statements
This Form 8-K may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical facts, included in this filing that address activities, events or developments that the Company expects, believes, targets or anticipates will or may occur in the future are forward-looking statements.
The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors, which could include the following: risks and uncertainties relating to the Chapter 11 Cases, including but not limited to, the Company’s ability to obtain Bankruptcy Court approval with respect to motions in the Chapter 11 Cases,
the Company’s ability to confirm an acceptable plan of reorganization,
the effects of the Chapter 11 Cases on the Company and on the interests of various constituents, Bankruptcy Court rulings in the Chapter 11 Cases and the outcome of the Chapter 11 Cases in general, the length of time the Company will operate under the Chapter 11 Cases, risks associated with third-party motions in the Chapter 11 Cases, the potential adverse effects of the Chapter 11 Cases on the Company’s liquidity or results of operations and increased legal and other professional costs necessary to execute the Company’s reorganization;
the conditions to which the Company’s debtor-in-possession financing is subject and the risk that these conditions may not be satisfied for various reasons, including for reasons outside of the Company’s control; the impact of and ability to successfully implement store closures; the Company’s ability to consummate sales of assets and the terms and conditions of any such sales;
uncertainty associated with evaluating and completing any strategic or financial alternative as well as the Company’s ability to implement and realize any anticipated benefits associated with any alternative that may be pursued, including the asset sales and wind down of operations; the consequences of the acceleration of our debt obligations; trading price and volatility of the Company’s common stock and the risks related to the Company’s delisting from Nasdaq and trading on the OTC Pink Market;
as well as other risk factors set forth in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The Company therefore cautions readers against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
