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No. of Recommendations: 1
good run through the BS DTM
I kept hearing about how valuable all the real estate was too a few years back and how that put a floor under the price. It was around $130 then down from $190. Just goes to show how far wrong such assumptions can be in extremis

I would agree that Lampert is unlikely to declare sudden BK . An orderly liquidation or downsizing seems more probable. Apparently Sears Canada remains pretty good. Maybe just shift all the business North?

The bonds look interesting
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