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All previous sears stores that are closed will be the new storage for Twinkies snack cakes
Any news or update on the court today or we wait next week? ???anyone???..thanks
I am betting my all on that.
What if news comes out after hours that ESL’s bid has been approved and that the commons survive?
Then you’ll be chasing on Monday morning.
8-K will cause SHLDQ to retreat back into the .40s creating another buying opportunity. IMHO
LOL. Great strategy
Did someone here say they were interested in your investment strategy? Narcissist!
Here will be my actions. If we are over .57 I will sell in the last 5 minutes of trading today. Take my profit and buy in for a few more thousand shares Monday morning. I am sure there will be a .02 to .03 cent dip somewhere in the first hour.
With the right wording $SHLD could be a double or Triple from here!
Im dropping the Q since it's happening anyway :)
What should we expect from the 8-k?
Docs really moving today, getting ready $$$$
https://restructuring.primeclerk.com/sears/Home-DocketInfo
$SHLDQ
After close 8K will gap SHLDQ over .70 on Monday
2344
Declaration of Sunny Singh in Support of the Going Concern Sale Transaction (related document(s)2332) filed by Sunny Singh on behalf of Sears Holdings Corporation.
MMs running the show right now
why are we stuck .55 56k shares ask 5000 .5599 MM again holding this from moving I cannot wait to get of the pink sheets shitz
revenue share with Citi on finance services..
Does anybody know a link where I can follow the results of the court case?
No rally yet no news.many here early said news will be today.?
No, its the attornies scrambling to be heard AFTER they missed the January 26th deadline.
Im sure they'll cite bad weather, solar CME's affecting their fax machines, civil unrest in Venezuela anything to get their late claim before the Judge.
Hahahahaha
Drain doesnt screw around, when he says x y z he means X Y Z
what docket # please 2336 or 2337
YUP! Page 27
DRAFT Preliminary Business Plan upon Exiting Cap 11 protections
T minus 3 and counting
They can't hold it back forever! The squeeze will come.
"Filled with objections"
Isn't that a bad thing for us? lol
YEEEEEEEEE HAWWWWWWWW!!!!
Judge Drains docket is FILLED with Objections as they've missed the January 26th deadline.
Next week is looking
SWEET!!!!!!
3 mm`s at .57......but that's just what they want us to see..64k @.57........$$$$$$$$$$$$$$$$ SEARS $$$$$$$$$...glta
As of 2:29PM...
.5699 = 23,700
.57 = 50,000 & 8,300 & 6,111
Power hour cover? Time is approaching IMO
$SHLDQ
Anybody got level 2 on how big the .57 wall is?
Highly Doubtful ;)
Are any of you watching this:
https://restructuring.primeclerk.com/sears/Home-DocketInfo
Just left the bushes. Prepare your moon thrusters, guys!
Linda1 Have you looked at docket #2336 yet?
Agreed, $SHLD @ $47.50 its called
Winner Winner Chicken Dinner
IMHO unless they are held in a margin acct and there is a margin balance on that acct!
BUT cash accts yes they have to have your permission
Extremely undervalued at $5/share even
It also shows that the parties involved [1] footnotes have an option to buy shares for $5.00 bucks a piece or as they worded it
200 shares for $1000.00
There are a variety of things that can happen and until we see the plan we wont know exactly. However when this all started there was verbiage that shares of "Newco" would be issued. Now Newco has been replaced with Holdco. There have been several talkings amongst Lampert and Sears .... so at this point its just a matter of waiting to see the plan. At any rate commons will survive IMO whether they be SHLDQ or Holdco.
If you mean that the Commons will survive as
either SHLDQ or Holdco Stock I agree.
thelionwarrior, now that is a LARGE STYLE BINGO!
I agree - I think just as Holdco Commons.
I think the Debt was converted to Common Shares
due to that the Creditors are also to receive Holdco
Commons and so Lampert/ESL need to increase
his/ESL’s common shares to maintain majority interest.
I am confident it will all work out. :)
Not necessarily.
If Lampert/ESL intend to issue Holdco Commons to both
creditors and common shareholders then he will likely
have to increase his/ESL’s common shares in order to
keep a majority shareholder interest in Holdco.
Sorry second thing it confirms is the judge is signing the deal with Lampert. I mentions stocks surviving twice by accident
Correct. The s shows sale. D shows disposition and is defined as Sale (or disposition) back to the issuer of the securities" :) this was all part of the deal so it basically confirms two things. 1 stocks survive. 2 shares will still be around after all is said and done. :)))
linda1, that is my understanding this is a conversion by selling derivatives which convert into SHLDQ common stock.
To me, this is just another very clear indication that SHLDQ common stock survives even though it may be exchanged into a NewCo issue. Yeah!!!
Question; what's the upside to Sears if the company is bleeding money? Also, where's the upside if sale is allowed and the assets are sold anyway? We're at .50, does it reach 1, 2, 13, or go right back to
.10
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