The group meets again Friday. To me it appears both sides have an argument for the deliberations to b so protracted in a cut and dry world . RSH will go to court if it loses and SG will then not consider to convert its loan to stock without a decision. They run out of money. Padlocks. Turn of signage
The cuts will never happen. It is hope talk to the creditors. Good chance you wont get to return your gift on December 26.Meeting payroll may be tough the next few weeks.
They have not closed the 200 stores this year as promised . Why assume they will really do anything at all but draw salary? No one is getting fired before Christmas now; too close. They do so employees will loot the place to death.
It is about Jan 17 options expiration now for fun.Less than 6 weeks to the end of RSH
Lawyered up, and a decision on the default in hand precludes any commentary.They pump sunshine now they get sued individually, like Ken Lay
the longer the stores remain open and losses continue the more Salus will lose of its loan recovery.
The order of the credit standing determines who gets paid ,in what order, until the money runs out.
Lower gas prices give cash in the pocket to KMart and Sears customers. Short term interest rates are meaningless and long term rates will fall more which is good for housing
They may not be out of cash as of this date or they would close down. In 4 weeks thy may be out of cash
Because SG today is a creditor. If they wait long enough and SG converts its debt to stock SG loses standing in the debt collection. If SG doesnt convert there will be bankruptcy
Contrive is obviously the new hot drug in the sector.
I think vanity is the biggest motivator of successful weight loss, not health. That market i much smaller than the total universe of obese in the US. We as a society accept obese people much more as the years go by than prior times.
As long term interest rates continue to drop in the US the stock market will climb