I saw this posted on another site:
So let me get this straight. The company has a market cap of $89 Million, and debt of $4.8 billion, $1.24 billion of which is due by 03/01/19, and an interest payment of $145 Million due 10/15/18, and you don’t think they’re headed for bankruptcy? Right.
Amazes me that there's a big crowd forming a line on the Titanic where the lifeboats should be- the last lifeboat left years ago. Yet the company is still full of back stabbers and as-kissers thinking they still have a seat .
Guess all those hollier than thou DMs, Regionals, SM and some of the lower managers will finally get a visit from KARMA!
The debt is actually about 11 billion the 4 billion is just loans and bond debt
"Lol. Everyone seems to be praying for Bk."
You seem oblivious to the fact that Sears has shafted A LOT of people.
And most of the ones that did the shafting (SMs, DMs, Regionals, Eddie himself, ultimately) are still there.
When a lot of people are ready for it can’t wait!!!
Lol. Everyone seems to be praying for Bk. Pray a little harder. Maybe for some unknown reason your prayers will be answered.