Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

yeah, but the problem with that statement from sears is that you can still read between the lines and think outside the box. so many possibilities. with news, this could go to $1.

but then again, that statement was only two sentences long and by no means a dissertation, so it seems that even the reading challenged could see the writing on the wall.

with a chapt 7 analysis in the docket, seems a plan of liquidation might in the cards. since sears has been able to box the available cash in either a chapt 11 or chapt 7 case, the only reason not to throw it into chapt 7 would be to avoid trustee fees.

those classes who will be getting paid might object to a chapt 7 for that reason.