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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.


GREY:SRSCQ - Post by User

Sears Canada Inc > wow, sears is circling the drain
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Comment by freckledon Jul 04, 2016 5:21am
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Post# 25018765

RE:RE:RE:RE:RE:RE:RE:wow, sears is circling the drain

RE:RE:RE:RE:RE:RE:RE:wow, sears is circling the drain
Under a dollar by the end of the year. But I know a lot of you are saying the company is still cash heavy - but they are burning through cash like crazy. And all of the cash is coming from selling hard asset, which in turns reduces sales. The company has no real strategy - that was lost years ago. All of their most valuable assets have been sold. They are near the end of the line. Like I said, under $1 per share by the end of the year.
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