“Sears’ deferred tax assets were “incorporated” into the acquisition bid price, according to the proposal letter. The company’s federal net operating loss deferred tax assets totaled $1.7 billion as of February, according to its most recent annual filing.”
SHLDQ is worthless folks, no amount of fantasying will change this fact.
How do you interpret that into common SHLDQ share prices here over the next 2 weeks? Does that tax benefit game plan equal a good thing for commons of SHLDQ or can Lampert accomplish his goal without saving the commons' value?
Thank You, StockPicker4 for a very simple fact filled post explaining what has been happening and the thought process behind Eddie Lamperts successful sears bankruptcy bid. A brilliant move... Have you noticed the number of foolish, blatent, non factual postings,on this board today?