Sears Holdings Corp. (fka SHLDQ)

[56Chevy]

It's unknown how much the few remaining assets (Transform didn't purchase) SHC has left are worth. I don't think anybody knows for certain. Liquidation proceeds are like predicting how much you'll make on an upcoming garage sale..estimates don't usually meet reality..discounts abound.

I think it will be mid to late April before the public knows how this gets sorted out. But I dont think there is any question whatever agreements are made (or handed down) will require more $$$ from EL. He had to know this path he's gone down had trouble written all over it well in advance and one would think he would have wanted a much cleaner break from SHC. He got everything he could have hoped for out of this. Its like getting the finest steak dinner with superb service and leaving without paying the whole bill..never mind a tip for the waiter or valet dude. This is why some in our society think capitalism is a 4 letter word. It isnt capitalism thats the problem...unbridled greed by a few is.

He needs to mop up the mess he's left and get on with it. As far as predictions go I say the "new" Sears will file chapter 22 bankruptcy sometime down the road.