will be undervalued at 15... 125 mil a year earnings? only market cap of 400? make it in less than 4 years.
I guess IPO day will tell what it is worth
and for the morons out there , the big news is SHLD gets kicked off the island on the 24rth
L.E. will do like PBPB...bounce, then drop like a rock
but hey, you don't think GS, or Bac know this, they are the ones holding the puts
the big put holder is Baker....2.5 million of them....LOL
trying to be conservative here. Did you see land's end will pay SHLD annual rent of 30MM going forward? Cool. Based on current cap rates thats worth around 500MM+500MM in the bank and tada you're at $1B+,