Sears Canada Inc SRSCQ

Consumer Cyclical Department Stores

Sears Canada Inc. (Sears) is a Canada-based multi-channel retailer company. The Company operates through merchandising segment. Its merchandising operations include the sale of goods and services through its retail channels, which includes its full-line, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. (Corbeil) stores and its direct (catalogue/Internet) channel. Its services include home improvements, such as carpet and duct cleaning, installation and assembly of products purchased at Sears stores, custom window coverings, windows and doors, and heating and cooling; product repair services, such as servicing of items covered under Sears Protection Plan, cash calls, as well as in-warranty service for select Kenmore, Craftsman and national brand products, and protection agreements, such as single or multi-year coverage on appliances, electronics, vacuums, lawn and garden, fitness, and heating, ventilating and air conditioning, and accident protection for furniture and mattresses.

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Sears Canada Inc > penny stock by the end of the year

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Post by freckledon Oct 12, 2016 2:53am

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Post# 25333662

penny stock by the end of the year

Earlier this year I predicted this would be under a dollar by the end of the year. $2.91 the other day reaching new lows.

Sales keep falling. They are running out of assets to sell to maintain cash flow. Cash is still being burned through like crazy.

Just exactly when will be breaking point for this company? Shrinking, shrinking, shrinking...

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