Bishop Research and Analytics
Research analyst, long/short equity, deep value, long-term horizon

Sears Holdings' Valuation Part Two: Credit Flows For Subsidiaries Inside A Permanently Embedded Capital Structure

Preface

Since the publication of Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy on June 18, the tremendous volume of insightful feedback from all of you who read the provisional SOTP analysis of the company has greatly enhanced my depth of understanding regarding Sears Holdings (NASDAQ:SHLD). First, many heartfelt thanks and sincere gratitude to all those who commented, sent direct messages, and emailed to discuss facets of this company raised in the article and share ideas about the future of Sears Holdings. The extensive nature and wide-ranging assortment of questions, additional perspectives, and issues raised in the comments section offered by so many of you has profoundly refined and heightened my knowledge of this company. As a result,...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details