Replies to post #24771 on Sears Holdings Corp. (fka SHLDQ)

[~ Blue ~]

NOT TRUE, READ WALL STREET JOURNAL: The Sears chairman said he hoped to win back suppliers now that the company was in better financial health. “We have a clean balance sheet,” he said, referring to the roughly $4 billion of debt and pension obligations that were eliminated through the bankruptcy process, including $1.3 billion that was owed to Mr. Lampert’s hedge fund. “We hope suppliers take a more constructive approach.”


https://www.wsj.com/articles/edward-lampert-shares-his-plan-for-sears-after-bankruptcy-11550053801

[katano]

Can u name the assets that Eddy bought ???

[retireat40]

Agreed. Shareholders are unsecured debtors. Last in line for payment.

[Mehdi]

You forgot the NOLs. This is the only reason now why common shares have value.