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Post# of 37346
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bar1080

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bar1080

Re: catty post# 35237

Thursday, 05/23/2019 3:41:47 PM

Thursday, May 23, 2019 3:41:47 PM

Post# of 37346
Mall retailing has been dead for years. I'm an expert on that subject. Plus in 2019 almost no one's coming to rescue troubled retailers like Sears and Penney's. ESL is simply trying to save what he can of his shrinking hedge fund. Lampert made a mistake ten years ago and his ego can't let go.

Also I suspect that Sears' assets (wherever found) are worth far less than book value in the current environment. Retailer liquidations rarely go well.

I haven't owned a retailer stock in decades and I certainly wouldn't mess with junk like SHLDQ.

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