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Could be adding the rest of the the os shares to the float or could be shorts covering would of thought there would be more attention with court Monday makes me think shareholders are out but might be wrong!
Fosho fosho... that’s why they say play with how much you ok loosing. I’m ready for the make or break!!!
Or .0 =.0$ can happen too!
50k strong now... even if I sell at $1=$50k not complaining at all. Tomorrow first hour will be shitty. This might test 200sma one more time at .4150 then off to new highs
When will it happen?
2-4
e
Orchestrated short attack I see...they need shares BAD.
$5,200,000,000 buyout / 109,200,000 shares = $47.61/share
Although that would be awesome ... how on earth did you come up with that???
All of that old news was been hacked up diced and regurgetated all week. The commons are safe, Cover
The big gap in your story is... 1) Fearing a Sears Holdings BK, PBCG took a 1.7 billion stake years ago to cover the short fall with Diehard and Kenmore. it is in the artical your refering to. 2) the PBCG did not post this on the docket for feb 4th, the date that grievances are supposed to be heard.. They are no where on the Docket. If they had filed on jan 26th by 4pm it would be on the Docket.
Old news means nothing watch it play out:)
GLAD I BOUGHT MORE ON THE DIP TODAY!..WILL BE 10.00 PPS IMO IN A FEW MONTHS.. SHLDQ
Feb 4th date will be big NO to Lampert!
Seems Feds are real upset with him now too:
The planned sale of Sears Holdings Corp. to its chairman, Edward Lampert, is under fire from the U.S. government's pension insurer over a $1.7 billion funding gap that the agency says should sink his efforts to buy out the chain.
The Pension Benefit Guaranty Corp. filed papers Saturday in U.S. Bankruptcy Court in White Plains, N.Y., in opposition to Mr. Lampert's proposed $5.2 billion bid to purchase about 400 Sears and Kmart locations out of bankruptcy. The filing adds an influential voice to the growing chorus of creditors who are unhappy with Mr. Lampert's offer and would rather liquidate the company.
As the federal backstop for private retirement plans, the PBGC often takes over underfunded pension plans when their sponsors go under. It said on Jan. 18 it would assume responsibility for a pair of Sears defined-benefit pension plans, which cover 90,000 people and are 64% funded. Because the PBGC will make up the difference, it is the largest single unsecured creditor of Sears.
The PBGC acts as a safety net for private retirement plans and receives no taxpayer funding, financing itself with insurance premiums paid by pension funds.
The PBGC anticipated years ago that Sears could file for bankruptcy and stick the agency with a big bill. To protect itself, the PBGC obtained an interest in the company's Kenmore and DieHard trademarks.
The proposed sale to Mr. Lampert's hedge fund, ESL Investments, would sever the PBGC's interests in those brands and the royalty payments they produce, according to the filing. The agency said the hedge fund's proposal would "seize control" of the trademark licenses, freeing them up for use by Mr. Lampert after the deal closes.
"This architecture violates the bankruptcy code, and as a result, the proposed sale cannot be approved," the PBGC said.
Lmao now common sense tell you c9mmons survive now it gonna dilute. Lol
Does it not make sense that the company would dilute prior to filing a Chapter11??? Do you understand how the process works at all?
The reason that Sears went down that path is because they bought back shares with profits and earnings. The number of outstanding shares is currently only 109 million!! They bought back shares! There is absolutely no dilution and there will be absolutely no dilution!
Please provide the link to that. I don't see anything about dilution. Looks like us longs are set here!!! Looking good!
Huge Dilution coming if commons somehow manage to survive.
Volume for the entire day was 1,639,614 (kinda light).
I'm out...see y'all tomorrow.
SP
i wonder how much they sold before stop losses kicked in and how much they got in exchange in buy back.
I totally agree between taking the stops allowing shorts to cover down at lower price , and manipulation with big spreads.
our time cometh soon
Yup, SHLD is a multi bagger, rinse and repeat as this drama unfolds
got some today myself
LMFAO. .. HEY, I GOT ME SOME MORE NOT COMPLAINING HERE...JMO
Call it what ever you choose. I feel it was the largest Money Manipulator's (MM's) S SHOW that I've seen in quite sometime.
SHLD(Q) will have its day soon enough
SP
All I know is I excitedly bought some more cheapies today!!!! Very very happy
NO matter what SHLDQ goes up, and a lot. SHLDQ will continue to trade for a while. Paper trade for many reasons. Most likely go to 10 bucks per before new shares are issued, and the old cancelled.
Make $$$ be smart.
I think mms mad cause this small walk down didn't work!!! Lol. Bet they were hoping to scare more people
No pump, just reality billions of $$$$$ Will be pumped into this company. ..like or not .... jmo
What is up with this, one minute a 100k shares on L2 the next its back to normal.
Hopefully. its the creditors saying SCREW IT!!
They set this shake down up for a reason. Mms definitely know something bigs coming!
Added another 5K myself just now
I think somethings going to leak out after hours or tomorrow!
Thanks for the tip!
I grabbed some .46s for fun.
Who on Earth sets stop loss on penny stocks?! When these people get home and see they were forced out thier shares, they will be in regret.
Thank you MMs!!!!! Much appreciated! Go SHLD!!!!!! Can't wait!!!!!
Couldnt help it! Had to pick up a few more!!!!! This is great!!!!!
LOL SOBAR, So anyone in SHLDQ just “deeply researched” yesterday? SHLDQ is a q stock. Takes no deep research to flip a distressed stock. But then, that’s what I did here. Waiting for the next entry and exit points.
Those who deeply researched this left yesterday. For me, it's fun to watch the inevitable.
Was that your 22k order? Nice!
I got order at 46... let me know if you want me to hit the 47’s. I’ll
I got some boys that might get in @ Power Hour, but we'll see.
NEXT WEEK COMMONS WILL RIP TO A MUCH HIGHER PPS.. SHLDQ
Thanks for the cheapies.. I loaded 10k at 46 and still got order of 3250 at 46
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