So, msft would give up it's golden deal with best buy just to buy a pile of debt. For a bunch of back ally locations that'll still bare the full cost of hauling all the useless fixtures to the dump, liquidate the inventory and have the cost of shitcannig the #$%$ that are in charge... Yep, that makes a lot of sence.
I've been through it all,, the computer city fail, the Mcduff fail,the Icredible univers fail,, it's always fail for this company and now that they've lost their near monopoly status the core will fail,,,they're just good at failing.
20?,, it was 70 and that's after a few splits since I've been playing this one.
"your mom" how immature are you douche.?..thxs for keep bumping this post to the top when others are away..lol u moran...
20 is where it used to trade at..will get back there...don't be foolish and try shorting this in the 2s..lol
There's really no need to use ch 11 to close many of the stores since most are on short leases and only need an end date and a 24 foot box truck to haul the inventory away...
The problem is harder to fix than just closing stores.
It does them no good to dig deep. Decide how many stores they can operate profitably and dump the rest via chapter 11. The sooner the better to preserve current cash
I see them eliminating at least one of the ware houses and liquidating some more inventory in the next q or two. The question is how far will "they" let them dig into the collateral before forcing a BK.