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Seattle Ethan  Whan Lee

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  • Seattle Ethan commented on Holly LaFon's article 03-23 20:55
    Bruce Berkowitz Buys More Shares of Sears
    Hopes raised by a chairman’s letter on future strategy March 9 were crushed Wednesday when Sears Holdings listed a “going concern” statement in...
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    Seattle Ethan 03-23 21:55
    • Puzzling.  I know Francis Chou (Trades, Portfolio) was looking at info from Seritage as a positive news...ie market value of the real estate holdings for Sears Holdings.  Berkowitz mentioned that the shares should be reduced to just 2 shares, one for Eddie and one for Fairholme.  It sounded like privatization awhile back.  

      Awhile back, someone thought Craftman, Die hard batteries, and Kenmore were worth $6 billion.  But then they had trouble selling and think Craftman got $900 million?   Crazy.
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