Thread regarding Kmart layoffs

Why Sears won't make it through 2018

Very simple.

Bond matures in October 2018, meaning Eddie has to come up with billions by then. If you think he's gonna fork out billions at this stage of the game, I have a bridge to sell you in New York.

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Nevermind the maturity date, a coupon comes due in April. I'd be shocked if he even makes that payment. And if he has no intention of making that payment, why even bother struggling through January and february?

Most of you are clueless about this side of things, and with swirls in your eyes make stupid predictions about how it'll be ok.

Ignorant people have two things in common.

They don't know they're ignorant, and they know very little about what they speak of.

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Eddie is trying to squeeze everything out of Sears assets, Kmart won't make it out of 2018, that's almost a certain

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bond repayment postponed a couple months ago

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Well Eddie, I had no idea what you were getting into when you decided to buy Sears & Kmart. You had good ideas and bad ideas. Bad idea here? -->

bloomberg.com/news/articles/2013-11-12/new-kmart-rent-to-own-program-turns-300-tv-into-415-buy

Wonder how it all ends. Make sure you use up all your vacation time now!

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OP - you are an idiot. Learn how to read a cap table.

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