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It dropped to $3.30 after hours on news that the sale of some stores to the Franchise Group went through today. That price is more reasonable.
Page 7 on their most recent 10-Q is what is confusing me. The link is below. It says the merger will result in no more that $3.25 per share...
This stock is at $3.67 today, however from what I've read it is supposed to sell to Transform Holdco for no more that $3.25 a share in the next...
[IMG] Sears Hometown and Outlet Stores, Inc. engages in the retail sale of home appliances, lawn and garden equipment, tools, and hardware in...