Sears Holdings Corp. (fka SHLDQ)

[Smilin_B]

Sears was $0.18 Friday and $0.29 yesterday.

JCPNQ is .16 now and heading into the .20's.

"As part of the deal, the property holding companies will own 160 of JCPenney's real estate assets and all of its owned distribution centers as part of a separate property holding company."

Interesting...

Only 160 locations out of the 846 total locations.

Hmmm...

"The company plans to permanently close nearly a third of its 846 stores as part of its restructuring over the next two years"

Its going to take TWO YEARS and people are squawking about how the shares are worthless? Well apparently "the street" sees value in the commons otherwise the stock would not have had a 39% up move yesterday - with numerous "shakes" down into the .$15 - $.16 level. And each and every time the shares traded down there, they were meant by extreme buy-side volume.

Its only Tuesday and early enough in the week to see a multi day runner in JCPNQ

[Smilin_B]

Has Sears emerged from BK like JCP did today? I sincerely have not been following the story

[RickNagra]

Wow

[Smilin_B]

How is Sears trading 2x the price of JCPNQ?

[justthefactsmam]

Yes, I've heard the President has demanded the bankruptcy be overturned and that he is interested in purchasing the Sears locations so he can have a place to store all of his MAGA stuff in anticipation of a 2024 run.

SHLDQ $1.00 with this news!

[Vilhelm_Bock_LLC]

SHLDQ! Alive again. Let's go!!!

[Taurus69]

$shld $0.1734 ^ 0.0034 (2.00%)
Volume: 224,681 @11/25/20 3:49:28 PM EST

[I-Man]

TO quote another person here RE: JC Penneys situation--



Well Judge Jones, I am ashamed to live in a country where executives can bonus themselves $10M the day before bankruptcy with shareholder money, have a Federal Judge bless the transaction, then wipe out the shareholders, recover $1.36 Billion in unsecured claims for 750K (yes that's $750,000), have the first lien recover 200% of what they are owed, and then tell all the middle class who got wiped out not to complain. Yeah, real fair.

[tmeier]

Garbage is JCP!

[RickNagra]

Garbage

[Cabinguy3]

Mind blown at this support level.

[Taurus69]

$shld $0.182 ^ 0.002 (1.11%)
Volume: 85,255 @11/10/20 3:54:32 PM EST

[tmeier]

What's the reason this pops up to.30 every so often?

[I-Man]

Well, as of November 20th, JC Penneys will walk out of C11 protections and continue forward operating normally... CEO and gang not in jail for this fraudulent BK filing after they paid themselves bonuses. But their bills will all be paid in full... NOW even further increase of asset valuations as Brookfield & Simon now are connected to JCP as of this morning... WOW what a major securities law firm will have going on contingency basis now seeing all of this increase asset valuation as a whole...

[Taurus69]

$shld $0.1831 ? 0.0 (0.00%)
Volume: 65,013 @10/30/20 3:47:17 PM EDT

[I-Man]

Majic Mnuchin, I thinks the world needs to tune into the JC Penney's ongoing saga and court date today at 12:15pm EST as after hours last night, some major hands are so pisssed at what's gone on, the fraud & games seen,
they are going against the lawyers and special interest lenders for JCP, and going to make massive cash bid to save everything !

Aurelius Challenges J.C. Penney Over Lender-Backed Bankruptcy Sale. These folks are so powerful they have turned around several governments even around the world ! Unreal..

[Crusen]

Magic Steve Mnuchin did his tricks here.

[Taurus69]

$shld $0.2071 ^ 0.007 (3.50%)
Volume: 79,912 @10/02/20 4:00:36 PM EDT

[I-Man]

NO premarket for OTC stocks, right !!!???

JCPNQ

Premarket

Last Trade
$0.2794
Change Since Close
0.00 (0.00%)
Bid
0.00
Ask
0.00
B/A Size
0x0
September 30, 2020 8:02am ET

[jimr1717]

~~RIP COMMONS~~

[Taurus69]

$shld $1 with news

[RickNagra]

Clearly JCPenney is a better store.

[jimr1717]

.0022 RIP COMMONS

[ilovetolose1]

Big day in court today for Eddie

[Boersi]

Out again @30s

[Boersi]

Posted 6 days ago:

https://www.google.com/amp/s/www.businessinsider.com/brought-to-you-by-podcast-btyb-sears-more-for-your-life%3famp

It's been almost unbelievable how he's been able to find all these different ways to plug these holes and find lifelines over and over and over for the company, when every year there's been speculation that it's going to file for bankruptcy. He has found a way to keep it alive, and so I wouldn't be surprised if he again finds a way to help it emerge from bankruptcy.

[Boersi]

Back in again @30s. Trends are looking better just now.

Something is brewing imo.

$SHLDQ

[Boersi]

I am out again @28.
Some important trends are broken...

GLTA

[brony]

Ill buy at .22 . 100,000 shares.

[ilovetolose1]

Wouldn’t be surprised if Eddie throws in the towel and sells to Amazon with some seritage properties thrown in... huge day for Eddie coming up next week in court....makes sense since amazon was looking to buy jcp just a bit ago

[Boersi]

2,2$ would be enough for me.

$SHLDQ

[miamirave]

I honestly just want to cash out and move on.

[Cabinguy3]

Thinking we could see $22

[RickNagra]

A wow day.

[Boersi]

Before we go BK we want to trade a little...

[bar1080]

As a retired lawyer I see many here have no idea of the problems equity holders face in the bankruptcy of a retailer like Sears. I know retailing very well. I'm almost never wrong when it comes to BKs. Read my old posts and learn.

[nagoya1]

Looking good, something's up...
SHLDQ

[Boersi]

Thanks for sharing

[Boersi]

It's not looking bad so far

[bar1080]

Eric still pumping Sears. He's been wrong about Sears since it was about $15 many years ago. Incredible that some still follow him... to the poor house.

[miamirave]

SHLDQ is picking up heat!! https://seekingalpha.com/article/4367731-sears-holdings-update-on-best-investment-i-ever-seen . I bet the stock is soooo thin down here. I know the float HAS TO BE LOCKED UP!! There are plenty of people who are simply STUCK in this stock...like stuck as in stuck here at $10 plus / share. I predict we hit atleast .50 today and .75 by the end of this week. And SHLDQ is going to ride the wave. Watch it!!

[RickNagra]

Sears is finished. See ya good bye au revoir shut the door turn the lights out pull the plug good riddance good grief Charlie Brown. Worst department store ever here comes JCPenney.

[RickNagra]

Yes move downwards.

[Smilin_B]

ticker for JCP?

[Boersi]

I am in around 25 yesterday.
Nice chart. Move is just beginning!

[jimr1717]

Sell before the bell RIP COMMONS

[RickNagra]

New LOD.

[RickNagra]

The rotation into JCPenney has begun.

[RickNagra]

Closing price $0.05 sell now.

[RickNagra]

Red.