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Bullboard - Stock Discussion Forum Sears Canada Inc SRSCQ

Consumer Cyclical Department Stores
Sears Canada Inc. is a Canada-based independent Canadian digital and store-based retailer and technology company.

Bullboard (GREY:SRSCQ)

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Comment by Wuggyon Aug 19, 2019 6:41am

RE:Comeback

How? Fundamentals seem grim. Something might have been possible 10 years ago... One thing that I perceive in these situations is the bitterness and disempowerment of longtime employees who might have ...more  
108
Discussion
Post by shooter1939on Jul 22, 2017 8:05am

On Friday I visited one of the stores due to close,

not many bargains and the place was like a ghost town. Sears might as well just call in a liquidator right now and forget about trying to sell the inventory themselves.
283
Discussion
Post by indoubtgetouton Jul 14, 2017 10:33am

Worse than Nortel

Situation at Sears unfortunate.   Management milking the situation - unfortuante.   Management has put Sear in its current position - unfortuante - they should all go to jail.   ...more  
312
Comment by freckledon Jul 10, 2017 7:36am

RE:sears stock radiation from market

the shares still exist. Delisting just means they are not listed on the Toronto Stock Exchange. Probably worthless anyway. Stock holders are always last on the list. Stock is frozen and will probably ...more  
402
Discussion
Comment by JonathanJSmithon Jul 05, 2017 9:24am

RE:RE:RE:RE:RE:The down spiral begins

I owned Air Canada at that time. Our stock went to ZERO. The company issued new shares and completely wiped out existing holders. Sears will be the same.  A company does not file for bankruptcy ...more  
456
Discussion
Post by bobybackon Jul 03, 2017 11:56am

sears stock radiation from market

What does that mean for shareholders? THey get 0$?
355
Discussion
Comment by extremeriskon Jun 24, 2017 9:55am

RE:RE:RE:RE:RE:RE:The down spiral begins

New shares will be issued. Stock is trading on nasdaq but that is short covering. Last time I checked sears Canada had a million shares short. Not sure of current position. CCAA is intended to wipe ...more  
363
Discussion
Comment by biggerron Jun 22, 2017 9:55pm

RE:RE:RE:RE:The down spiral begins

could it be like AC back in early 2000's when they also were in a similar situation and look where they are now, those who bought their stock then are millionaires if they kept it
239
Discussion
Comment by freckledon Jun 22, 2017 3:04pm

RE:Lampert made out like a bandit

Bingo! It was the rumor at the time that one of the reasons he purchased Sears Holdings was to get the cash out of Sears Canada. We kind of hoped that wasn't the case, and hoped that he knew what ...more  
257
Discussion
Comment by las5513on Jun 22, 2017 11:09am

RE:RE:RE:The down spiral begins

Today's announcement is a clear indication it's game over for Sears Canada.
192
Discussion
Comment by Tato111on Jun 22, 2017 9:28am

RE:RE:The down spiral begins

lol, nice. good forward thinking. All though with your plan on heading to Sleep Country. I would be more intrigued to go to Sears for the 40% off or what ever may be and risk the chance of warranty to ...more  
230
Discussion
Post by extremeriskon Jun 21, 2017 12:24pm

Lampert made out like a bandit

While he is the major shareholder more money has been take out via dividends than what Lampert paidt for this stock back in 2005 (was trading around $16 at the time. https://www.dividendchannel.com ...more  
297
Discussion
Post by modulexon Jun 21, 2017 11:00am

WHY ARE SCC SHARES TRADING WHEN BANKRUPTCY IS LOOMING

the current case of sears canada is showing how market authorities are not consciencious about investors who buy shares in a company that is artifically kept alive, soon to be declared in bankruptcy ...more  
345
Comment by gasholeon Jun 21, 2017 8:46am

RE:The down spiral begins

You hit the nail on the head !! I wanted to buy a mattress, and my wife and I went in and I told her lets go to sleep country because Sears was going under and we wouldnt have any warranty. So we ...more  
253
Discussion
Post by 88guy88on Jun 16, 2017 9:16am

The down spiral begins

now that customers know that the stock is near bankruptcy....nobody will want to buy large applicances or other big ticket items....no warranty....plus the staff that are still there see the writing ...more  
429
Discussion
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