Last year, CS estimated the real estate value of SHLD at $4+ billion (4x listed book for these assets). This struck me as unlikely (and I’m long the stock).
Besides than the name and credibility of Credit Swisse, there was little to support the assertion in the reporting of that figure by the Wall Street [...]
Bron: Sears (SHLD) Real Estate Value Update — 1/14/09
Sears (SHLD) Real Estate Value Update — 1/14/09
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