This article outlines some of the possibilities for Sears. I don’t disagree with their scenarios but they don’t add much in terms of the value of the various assets. I think many people are drastically understating the actual value of the real estate and long term leases. Also if housing does come back and appliance sales rise Sears could get a swoon of cash flow which could really help their financial condition.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.