Replies to post #9994 on Sears Holdings Corp. (fka SHLDQ)

[Emptyhead]

The Bid is an exchange to eliminate a large portion of debt covenants and restructure the remaining in an attempt to take this puppy private. There can be no safe haven for shareholders who have already had their assets erased.

[$Parabolic2030?$]

You got this from ITD80.
Give the man credit and sticky his post please.
BUT I HEAR YOU:
Bear minimum is $17 dollars.
ALSO MY ASK IS AT $40 and nothing less.

Waiting to hear the good news soon.

[BeamMeUpScotty]

Very clearly stated and based on solid facts and numbers that have been posted on the board all week by multiple posters.

[Robcula]

I'm completely in, there is a fortune to be made here, but this assessment misunderstands an aspect. The bid is something completely different than the liabilities and the assets. The bid buys BOTH the liabilities and the assets. IOW it is not $7.55 billion added to $5.64 billion minus the $11.28 billion. It is still $11.28 minus $7.55 leaving Sears with debt, but as a going concern. IOW it restructures the debt, which is exactly the intention of a chapter 11 bankruptcy. Chapter 11 probably shouldn't even be called bankruptcy because it makes people lose their mind in ignorance. Chapter 11 reorganizes the debt, and with the $5.64 billion bid Lampert will retain control of the ongoing entity. If they can't change the way they do business to become successful they will still ultimately fail, but the reoganization gives them time to do that. Sears will still be in debt after this all settles. So...short term, a fortune to be made...long term, anybody's guess.