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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
Sorry - I do not have PM.
What has been the conclusion on the Form 4
filed? It looks to me like a conversion of some
Debt into common shares?
MM's waiting on news or what. very thin to .57
This should be smacked up to that level, easily.
MM's SUUUUCK
No! This is not self-dealing. As I said sears was declining because of the 5 Billion dollar stock buy back. Selling real-estate and closing stores is common practice in retail to cut losses. And Lampert offered the best price to buy that real-estate. IMO no one can prove foul play in that. Lampert is winning the bid. I am betting my all on that.
Couple days till Sears emerges and fools disappear finally...
All anyone needs to think about is if Monday is a GO for Lampert to take the reigns as directed by the Judge.
Here comes da judge
Timberrrr )))))) eom
This is really important. What I am about to share should remove any doubt ESL winning the court's approval.
Since I have been on this iHub board and other boards like Yahoo, I have seen people calling ESL's dealings with Sears a scam and Eddie Lampert a scamster. I think the story that you are being told is not true.
I am going to present the fine points based a recent interview of the EX-CEO of sears along with my own research.
1. Eddie Lampert was touted as a whizkid, the next Warren Buffet etc. He made some bad decisions with Sears but you have to accept that he is a very very smart guy. Now coming to wether he is the bad guy.
2. Eddie Lampert owned Kmart before he acquired sears. While Kmart was acquired for its real-estate, the same was not true for the Kmart-Sears combine. Eddie wanted Sears to succeed and had a vision.
3. Soon after the acquisition, he bought back Sears stock worth 5 Billion Dollars. While it certainly was a bad decision on Lampert’s part, it does prove that he believed in his vision of reviving sears. He did not just throw away 5 Billion dollars for nothing. He believed his plan will make the stock price go much higher. Sears never recovered from this. This is the real reason for Sears's decline and not some imaginary foul play.
4. When Sears continued to make losses, he had to close stores and it is a standard practice in retail. But he is a hedge fund manager and knows finance. He sold the real-estate to Seritage, his own firm. I see common sense in that. Why let other make money out of your losses. It was some smart hedging on his part. But people said it is a scam.
5. Talking about his vision for Sears, he has invested heavily in e-commerce. I think he understands the Amazon challenge and started investing in online part of the business very early. That is also a part of his future vision. To increase online footprint and have a smaller mall footprint. The combine can take on the online-heavy or real-estatel-heavy models. I think it is a winner.
6. Inspite of all the failures and criticism, Lampert has not abandoned his baby. He still believes in the future of sears and is fighting for it. Everyone else wants to tear it apart.
7. The creditors do not stand a chance in court. They have got nothing except false narratives that do not stand in court of law.
I want to conclude by saying that I want Sears to survive as much as I want to make money on my investment. Why should I want ill for someone/something. If you do not like this stock, do not invest or short it. But please do not spread lies. There is a person on the other side as real as you are.
Thanks.
If anything the longs o sorry I mean flippers are saying is true this would have really exploded already think about it. Also the last big run to .80 there was 10x the volume!
Eddie Lampert Wins Approval for $5.2 Billion Deal to Save Sears from Liquidation
https://www.thestreet.com/markets/bankruptcy/eddie-lampert-pays-5-2-billion-to-save-sears-from-liquidation-reports-14835499
tic toc
When that happens watch it fly
Shorts desperate now
Can't wait till deep pockets who can't play sub 1 dollar are back in and wrestle control away from these penny hoarders lol
I agree...the penny stock days of sears will be gone. ..Q will drop and hopefully back to Big board where the big players will push the prices in dollarland. .. $1.00 to $40.00 IS COMING...just my take only and opinions
Holding definitely
SHLDQ $$$
SHLDQ. Is there any another penny stock that has been on FOXBusiness recently?
Sears on FoxBusiness right now
No it does not stop shares from being used to short. Brokerages have accounts which they borrow from. That is a fallacy that many still believe in.
SLAP IF YOUR COMING IN.......
Let's try and hold the shake above triggers muah ha ha ha ha
Covering begins after lunch.
Squeeze em, not much time left to cover!
$SHLDQ
I think this is tightly held
Eddie just put up 5.2 billion........maybe it will fail, businesses don't live forever, but don't you think there might be a decade or 2 to find out?
I wonder about going future if they will fail
Old Sears had huge losses for Boomers who only buy and hold and don't manage risk properly.
DON'T LET OLD RHETORIC TAINT YOUR DD. The past is the past let it die.
Eddie is going to make new millionaires.
Be smart though don't trad3 blind.
Gl
Mine are locked at $47/share
As a client of a firm, your shares cannot be lent out to someone who is looking to short sell. Shares are held in trust for each client and are kept on separate books.
Brokerages must ask your permission to “borrow” you’re shares
Yes. MM's can't use any shares which are obligated.
So doing that really stop your shares from being used to short ? I’ve always wondered that
Hope you're right.
We only choose undervalued stocks. SHLDQ fits that to a T.
I'm sorry T. I wish I would have listened sub .2 won't happen again I've doubled basically 3 times now and although small position locked.
Thank you
Monday/Tuesday Sears will be front page news. Last opportunity is today
Set limit sell orders for $30+ to stop any NSS and lets squeeze shorts as much as possible.
IL Patrino
Since you started posting yesterday I'll just take your word for everything.
They are IMHO testing the waters to see how their MINI JV works out, and also imho there is a distinct possibility they will expand this into a joint store type transaction in the future, NOT HYPE not PUMP
But imho so I'll just listen to you from now on as to when to buy OK! OOOOOOOOOOPS already pulled a pure triple on this one and hold a very nice long position here tht is 100% free
Last breakout put us above .80. This one could easily send us over $1
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