Sears Holdings Corp. (fka SHLDQ)

[thelionwarrior]

Makes sense as to why theres so much fake news surrounding this ticker. Lol

[Scotttrader80]

Sears Once Sold Heroin

https://www.theatlantic.com/magazine/archive/2019/03/sears-roebuck-bayer-heroin/580441/

March 2019 issue???

[MikeBK205]

Links?

[Omarprelude]

Warren - not off to a good start for a run to 2020 IMO. By not supporting Ed/Sears' rescue plan and bashing it, she instead is ultimately supporting 40,000 jobs possibly being eliminated. To be fair, yes some have already lost their jobs due to the closures but what can be saved should be saved especially with that many jobs at stake. Way to go to, please don't run Warren.

I get it, Ed isn't the unicorn CEO but his rescue plan (and I will continue to preach this until Sears becomes a non-profit 501c3 or we banish capitalism) is what is appropriate to maximize current shareholder/stakeholder value. Biz 101.

[RiskyBoy1989]

Why shorts aren’t getting it.. no one is selling at these level.... let it go damn it

[PennyStock Alert]

Great point!

[Rprime36]

My understanding is that the buy out deal is for 450 stores, remaining stores, 300 would go under chapter 11 or 7 if they are gonna liquidate. Couldn't they use those assets to pay off all the creditors. All of the posts I have read never really touch on those remaining stores. just curious of anyone knows what's up with them.

[alexjames81]

Any idea when does the Q come off?

[PennyStock Alert]

Maybe her Arch Enemy will make a statement about Sears emerging from Chapter 11 and saving over 40,000 US jobs

[PennyStock Alert]

BAM!!

“We are pleased to have reached a deal that would provide a path for Sears to emerge from the chapter 11 process. Importantly, the consummation of the transaction would preserve employment for tens of thousands of associates, as well as the relationships with many vendors and suppliers who provide Sears with goods and services,” the restructuring committee of the board of directors said in the statement.”

[CaptStockWolf]

This is true

[CBD_Kindaguy]

Hmmm... Haven't heard much from the charismatic lawyer who's about to come out of retirement starting Monday

[Fat Thor]

Anticipation. Hearing could last through Wednesday. Read here.

https://www.usatoday.com/story/money/2019/01/31/sears-holdings-eddie-lampert-bankruptcy-pensions-pbgc-esl/2708768002/

[andyk803]

So what's tomorrow?

[Fat Thor]

Feb 4th. Monday

[Scotttrader80]

Sears Holdings announced in a release Thursday

“We are pleased to have reached a deal that would provide a path for Sears to emerge from the chapter 11 process. Importantly, the consummation of the transaction would preserve employment for tens of thousands of associates, as well as the relationships with many vendors and suppliers who provide Sears with goods and services,” the restructuring committee of the board of directors said in the statement.

Shorts better COVER

[Jayay222]

This was from January 18th, so not sure if the dates have changed since then.

"The $5.2 billion bid is subject to approval in bankruptcy court. The hearing is scheduled for Feb. 1. If the bid is approved, the transaction will close around Feb. 8."

https://www.daytondailynews.com/news/sears-fate-determined-next-month/6vUeB5BN5OYTmhyviRQ0iL/

[RiskyBoy1989]

So what’s tomorrow then? Formal hearing ?

[Jayay222]

Yes, and take up to Wednesday if needed.

"After the hearing, which may extend to Wednesday, Drain is expected to rule on whether Sears can sell itself or not."

[RiskyBoy1989]

I’m hearing it’s on Monday ?

[Volcano]

Dollar land tmrw

[CaptStockWolf]

K thanks

[Volcano]

Tmrw

[CaptStockWolf]

When is the court ruling date ?

[Volcano]

Final judgement day tmrw
100% pop

[Volcano]

Super short squeeze coming

[StrategyTrader]

yes rip and grind

[StrategyTrader]

whats with the spread make them pay for your shares if you must sell ;) early

[PennyStock Alert]

RIP Shorts: .50’s up :)

[Scotttrader80]

Exactly, this form 4 is describing current events being put in place for FUTURE events. So when $SHLD is trading at $10.00-$20.00 a share the second lien people have an option like excersising a warrant to buy discounted COMMON shares of $SHLD for $5.00 bucks a share versus whatever the current sp is at the time.

Houston.....all systems are a GO for Launch!

[SurgeGuy2.0]

This ready for another flip? Got to love playing the bounce here! Making money is a good thing!

[PennyStock Alert]

No one in their right mind would sell today with the events that we have coming up tomorrow and Monday!

[figaruch]

Nice but brought it to .52$$$$$$$

[Mr Wowza]

added here under 0.50 again

[thelionwarrior]

Uhoh..... someone who can read and do math! Lol! This is great news! Furthermore it proves that the judge will sign off on this. Otherwise there would be no reason for this to be completed. We are golden! There is no doubt at all anymore on if thisis a done deal. They are finishing up all the touches to turn this over to Lampert.

[Scotttrader80]

Its a GOOD sign that $SHLD will be "going forward" if they're already doing FUTURE stock to dollar conversions. At $5.00 bucks per share no less.

We'll be seeing more form 4's as entities line up to take convertable options, kind of like

MONEY IN THE BANK!

[TRUSTUNITS1000000]

I will get in st 1.00

[TRUSTUNITS1000000]

Smart move was to pay 0.2 sell at .4 and then buy back at 0.2

[TRUSTUNITS1000000]

Getting interesting around here

[Lcbm68]

We acknowledged there was going to be a lull most of this week since the first breaking news. We are buying into this stock in Friday at opening as we see an upwards trend next week. Lcbm68

[Lcbm68]

That’s what we have been saying now fir the past week. We diversified into buying up TRTC today at .78 and looking fir %15 return by next week easily ~Lcbm68

[jimr1717]

Lower lows and lower highs. RIP COMMONS $SHLD Q

[PennyStock Alert]

There it is. In black and white :)

[Scotttrader80]

$$$$5.00 option to convert

(8) The Issuer's obligations with respect to the Second Lien Term Loan may be converted into Shares at the option of JPP or JPP II, as applicable, at a conversion rate of 200 Shares per $1,000 in principal amount of indebtedness outstanding under the Second Lien Term Loan (subject to adjustment).

[Volcano]

Super explosion tmrw

[JMMatthews]

February looks like a big $$$ month for SHLDQ imho

glty emit

SHLDQ $$$

[thelionwarrior]

You not being able to explain the form 4 tells everyone what they need to know. Lol we are golden

[CBD_Kindaguy]

Good luck as well, See ya!

[buxcapital]

I will be looking for another update this week or early next showing EDDIE sold more shares so people understand if this was great news and it’s not Just read it ! This thing would have exploded there is only 2 days to the final decision but this has dropped the hardest it has in weeks ! TELLS ME EVERYTHING I NEED TO KNOW!! Good luck to all in this one.

[emit]

.49s up via etrade

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