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Did you see what they are and what they claim? there are land scaping companies, floor cleaning companys and a whole lot of malls that are loosing an anchor store in a realestate venture that is dying. Oh lets not for get FEDEX, but the biggest suprise is NO PBGC..... For a company that had possibly thousands of business relationships and the list you mention as if was substantial in some way.
A spokesman for ESL said it bid for Sears "for one simple reason -- We believe in the potential to create a successful, multi-faceted, 21st century company that can benefit from the changes in today's retail environment."
But if Lampert's $5.2 billion bid to rescue Sears fails -- as its creditors want -- he has a secondary bid ready to go. Under the alternate plan, Lampert would pay $1.8 billion for just the stores.
https://amp.cnn.com/cnn/2019/01/28/business/why-lampert-wants-sears/index.html
sure could....time will tell.. if news comes tomorrow the sky is the limit.. shldq
If that happens then $1+!
We go over $1.00 tomorrow hopefully !!!
Judge will tell the objection people, sorry but the door is closed...
Did you see all the objections for sears court on Monday? Lol
We be $10.00 in the short term..
Isn’t that just a confirmation of the scheduled event for Monday?
Better re-read Drains calendar
He spent 5.2 billion on pride" shes bitter because she probably short and cant get in cause its otc. Lol woman scorn
What exactly is tomorrow? I didn’t think anything would be decided until Monday at the earliest?
Takes both sides to make a market the good the bad the ugly. Faintly popping in on occasion "warning" us of things already discussed is ineffective in swaying sentiment.
Everyone see's this play differently, shorts try to desuade with stories or negative headlines trying to creep into our brains causing us to doubt what the longs are banking on,
Drains decision tomorrow.
Tomorrow decides if Monday is a GO. If allllll of the parties submitting their claims made by January 26th deadline
are accounted for addressed and entered in to the record,
then
MONDAY,
Drain tells Eddie & Sears
No matter what happens in bankruptcy court, Sears faces a grim future. So why is chairman Eddie Lampert fighting so hard to keep it alive?
Lampert insists he bid $5.2 billion for the company because he believes a reborn Sears will be well positioned as a competitive, profitable retailer once more.
https://www.google.com/amp/s/amp.cnn.com/cnn/2019/01/28/business/why-lampert-wants-sears/index.html
Nice. Hopefully low .50’s still available tomorrow
I posted on the wrong board about shldq hehehe , anyway am going to.add to my position tomorrow
I think the Motley Fool has a short position on SHLDQ cause they have been bashing since day one!
Cmon guys, its one thing being excited, another is to throw put these crazy numbers...
Im all for Sears! Lets be realistic though please
this is not new news.
The deadline for Objections was the 26th of january at 4pm, they missed it. pretty sure that is why you see Senetor Warren writing hate mail. They are also not on the Court Docket for the 4th.
I warned you guys.....
"it appears that the Debtors are proposing an aggregate cure amount ... of $0."
sell before it's to late. Judge won't approve.
https://www.yahoo.com/finance/news/lampert-apos-sears-takeover-effort-215107417.html
I was reading that today was last day to file short interest.
Does anyone know how long after we are able to see those numbers?
Was just curious if anyone covered yet?
Sounds good berd. Enjoy the rest of your day.
A friend just told me that in usa today it said the us government wants Sears to liquidate over pensions and judge will rule Wednesday feb 6. What is going on
KABOOM BOYAAAA $$$$$ CHA-CHING. .."$WEET BABY JESUS "...LOL...JMO
Every time I run the numbers I keep coming back to a share price of $47
$5.2bn divided by $55m = 94
50 cents multiplied by 94 = $47!
tomorrow will be one heck of a ride! shldq
Your right, I'm out!!!
Awe dang markets closed now, never mind, carry on
ABSOLUTE BULLSHIT...SHE IS ONLY HELPING HERSELF.. SHLDQ
Likewise my friend
This is a long-term hold for me. I have no doubt that it will eventually hit $10 per share this year
Just imagining :) what a feeling cometh soon
MC of $55 Million..... Yet buyout at $5.2 Billion ????
Yes, please
Semprefi:)
Current Market Cap is only $55 Million
Super shorts squeeze
50% run tmrw and 100% run next Monday
short sellers getting ripped tomorrow and on and on
One more business day until Monday.
:)
Official judgement day
I thought this made it illegal
https://en.m.wikipedia.org/wiki/STOCK_Act
News tomorrow and Monday. Most likely we see $1+ on Tuesday
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