SHLD Sears Weekly Chart; Sears Crashes -98% in the Last 3 Years Printing Below $1

Sears is taking the pipe. The sun is setting on Sears as CEO Eddie Lampert admits that the retailer is quickly running out of cash with bond payments due. Perhaps no one wants to buy the out-of-fashion, overpriced clothes that are of poor quality. Or shop in stores walking on dirty tile floors.

SHLD tanks -16.3% on Friday, 9/28/18 and is down -24% on the week. SHLD was at 45 in June 2015. That is when Aunt Martha invested her entire life savings into Sears stock. This evening, she is eating cat food for dinner while huddled next to the stove for warmth.

SHLD crashes -98% over the last 3 years (since June 2015). In May of this year, only 4 months ago, Sears was at 4 and has crashed -76% in the last 16 weeks. Sears best asset is the real estate locations it owns. SHLD plummets to a LOD at 82 cents under $1 for the first time ever. The Nasdaq may have to delist SHLD next year if the share price cannot stay above $1. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.