Seeking Alpha Seeking Alpha Portfolio App for iPad  Several
iconic companies have been on the chopping block headed into
bankruptcy this past year, and many more appear to be headed
that way in 2012. Eastman Kodak (EK) for example has slumped
below $1 on reports that it is seeking bankruptcy financing.
Stories like this have led investors to speculate on which large
company may be the next to fall. Much of that speculation has
been on Sears Holdings (SHLD) recently as the stock sinks to
lows that it has not seen since the crash of 2008-2009. Although
Sears will likely be spared from bankruptcy, it is still a stock
well worth shorting.  Why Short Now?  Market watchers generally
do not just select companies that they believe will go down out
of a hat. The basis for this categorization is largely focused
on looking at the health of a company and seeing if it is on a
trajectory towards collapsing earnings and profit lose. Some
have jumped on the behemoth $3.5 billion Sears for not adapting
quickly enough to the c