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Message
re: Sears Rejects Lampert Bid, Cue Up the Fat Lady
Posted on 1/8/19 at 8:35 am to nugget
Posted on 1/8/19 at 8:35 am to nugget
quote:
From $85 to $1 in 10 years. I'd definitely say they're trending towards out of business.
It's really bad, don't get me wrong, but they did offer nearly a billion dollars worth of shares in that time frame.
They will almost assuredly never return to where they were, but I don't think they'll go out of business either. They've actually done an OK job of turning things around after the disaster in 12-14
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