I'm thinking we visit all time lows around sub-$10, I mean look at the market cap as the general market has been in a bull market. Can you imagine what this stock looks like in a bear market? Lampert has enough money and SHLD has enough real estate that they can probably keep this party going a couple more years, but it is true bankruptcy is inevitable. They gave up on their brick and mortar stores 4+ years ago and have funneled all of their cash into a website to compete with Amazon!? LOL I'd guess they will strip out enough value from their real estate to wash their liabilities and maybe leave a couple bucks for their investors. But that $170/sh valuation that Fairholme has assessed is the most ridiculous thing I've ever seen.
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