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Sears Reports Its First Comp Sales Increase in Over 8 Years
Must read:
https://www.fool.com/investing/2018/12/21/surprise-sears-first-comp-sales-increase-8-years.aspx
$SHLDQ
Shorts are getting butt f’d today!!!
$SHLDQ!!!
Are you moneymade??
Am I dreaming???!? Or is it real? $SHLDQ
In your account you mean?? Lol
Tomorrow is the day!
$SHLDQ
Yep, that article pretty much tells us buy them shares and hold it for prize money.
$SHLDQ
Sears Is Said to Extend Talks on Lampert's Plan to Rescue Chain
https://finance.yahoo.com/news/sears-said-extend-talks-lampert-021510196.html
The fate of Sears — and its Kmart brand — was the subject of a meeting Monday in a law firm conference room high above Manhattan, a block from Central Park. There, those who are owed money by Sears were considering Lampert’s last-ditch plan to preserve 425 stores and 50,000 jobs at a bankruptcy auction. Late Monday evening, there had been no word on a final decision.
https://www.heraldtribune.com/news/20190114/sears-struggle-and-complex-role-of-eddie-lampert
I purchased 120k at .16 and sold at .55.. there you go. I win! Lol.
Name one retailer that had its CEO try to save the brand and 50,000 jobs by bidding $5 billion dollars.
There is definitely gonna be ups and downs, but the strongest will prevail!
$SHLDQ is gonna be the stock of the year 2019.
Lampert is not gonna let this go. Sears will make it through the bankruptcy. 50,000 jobs will be saved! Sears is gonna be a whole new brand! Like one of the other posters said, it is going through the car wash right now.
That was supposed to let the debtors consider his bid and decide whether he should be part of the auction tomorrow or not. So far, I haven’t heard any news that his bid was not accepted, so I guess he is going to be in the auction tomorrow. We will find out Wednesday who the successful bidder is. This week is going to be interesting. Buckle up.
Lampert already made a $120 million deposit.
I don’t know why people on here think commons will be cancelled. Sears is not the only business that Sears Holdings Corp has, they also run real estate business and others. Commons will not be cancelled.
Is this going to be the life changing decision that we made to own this stock?? We will find out starting tomorrow! Excited!
$SHLDQ
Thanks! I appreciate it.
This is interesting, I’m curious to know whats on these filings. Any takers?
He must have some kind of major partnership deal (hint: Amazon) up his sleeve to resurrect Sears, otherwise he wouldn’t be fighting for it.
What do you think will happen?
LOAD THE BOAT! I GOT ME SOME CHEAPIES!!! $RNVA$ HAHA
Did you load your .50s today?
Just crazy! When is it gonna stop??!?
Nice average. Mine is at .67, looks like Elliott bought commons, it seems to me like they are trying to gain control of the company. Do you think there is a possibility of buyout in the future?
Nice. You still holding?
That’s great news!
$BFCH
Quiet period ends Oct 12th according to IR.
$BFCH Pink Current
Look closely, it was a private offering that happened on Sept 26th. They sold $60 million senior convertible notes due 2023. That $750K wasn’t offering amount, it was a payment to CEO.
How is ihub only showing less than 50M?
Wow I’d have never guessed that.
Didn’t they only offer 160M? And an option to purchase another 20M?
Tweet out! Court complaint filed!!
$BFCh
Sounds like covering to me.
$DRUS
Since our initial investigation into these improperly issued shares by former management, we have identified several hundred million more shares of Common Stock along with several classes of Preferred Stock held by 3 more individuals/companies that were involved in the same transaction with former management that will also be named in the complaint.
The Company, through its retained special counsel, will be filing with the courts, a Complaint for Declaratory Judgment to formally cancel these improperly issued shares consisting of 12,260,000,000 sharesof the Company's Common Stock and several classes of Preferred Stock for fraud or want of consideration. We expect to file this complaint very soon and will keep our shareholders updated once it is formally filed.
It will be 150M, they found additional 260M shares that was illegally issued.
$BFCH
Sounds good to me. I’m down big as well!
$DRUS