Replies to post #37331 on Sears Holdings Corp. (fka SHLDQ)

[trader59]

Still seeing "gamblers" posting about receiving payment from the cancelled stock. Took me about 5 minutes to find the re-organization plan online for free and search it for "equity interests" (the stock).

Page 44 of this:

https://restructuring.ra.kroll.com/sears/Home-DownloadPDF?id1=MjIyOTk4&id2=-1

Stock is cancelled, and there is no recovery for the shareholders. It's over.

The bonds are also worthless, already shown in default, which means no coupons (interest payments) and no redemption. ST pumpers are fleecing people.

http://www.oblible.com/bond-US812350AF31.htm