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True that, I believe insiders are buying or maybe Eddie him self possibly! Its more then just flippers and Ihub Money IMO!
New News, Trade Credits Offered from Some Debtors to ESL
https://www.bloomberg.com/news/articles/2019-01-09/some-sears-vendors-back-esl-s-proposal-and-offer-trade-credit?utm_source=google&utm_medium=bd&cmpId=google
If you don't think I haven't flipped it and took profits you are nuts, that is called trading! I have profits locked away and some free shares and spare capital if I decide to flip again!
Well do you think he wants to cancel 80 Million dollars plus of his own Money based on current pps? ESL is holding shares to!
Includes 32,348,223 shares of Holdings Common Stock held by Mr. Lampert, 6,328,688 shares of Holdings Common Stock that Mr. Lampert has the right to acquire within 60 days pursuant to the Warrants held by Mr. Lampert, 3,566,648 shares of Holdings Common Stock that Mr. Lampert has the right to acquire within 60 days pursuant to the Senior Secured Convertible PIK Toggle Notes held by Mr. Lampert, 16,937,419 shares of Holdings Common Stock that Mr. Lampert has the right to acquire within 60 days pursuant to the Senior Unsecured Convertible PIK Toggle Notes held by Mr. Lampert, and 44,629,752 shares of Holdings Common Stock that JPP has the right to acquire within 60 days pursuant to the Second Lien Term Loan.
Yes 4pm Eastern and a must!
Wire sent, look at that straight up line all of a sudden! Someone knows something!!!
You think he has 120 million in a single account? Each account is only insured for 200k! Multiple wires from multiple accounts or multiple wires to a single account and 1 wire out, it takes time! You can bet there are legal aspects and attorneys review before that all happend and 120 million is sent out! Its not as simple as a simple bank walkin and wire! He is also got to come up with his final best offer today so lots happening here today!!
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It nice to prove people wrong!
We should be over .50 already Sears already accepted his offer and hes making a cash deposit!! This is easily $1 plus bound!
https://www.cnn.com/2019/01/08/business/sears-future-bankruptcy-delay/index.html
Already accepted by Sears and a cash deposit by the 9th!
https://www.cnn.com/2019/01/08/business/sears-future-bankruptcy-delay/index.html
OFFER ALREADY ACCEPTED!!!!!!!!!!!!!!!!!!
https://www.cnn.com/2019/01/08/business/sears-future-bankruptcy-delay/index.html
Reuters Top News
@Reuters
BREAKING: Attorney for Sears tells bankruptcy court that Chairman Edward Lampert will make revised offer for company and deposit $120 million by 4 p.m. Eastern Time on Jan. 9
Man my morning shares are looking bright and pretty Green!!!!!!!
Told you all to Mark my post I have been buying more all morning!!!
ASK GETTING POUNDED!!
news leaking ask getting slapped?!
I have pacer access nothing of substance yet!
Here is food for thought, what if Sears advisors told Sears to "leak" they were going to liquidate all in an effort to get ESL to Sweeten there bid! Its all gamenship and certainly would make sense that Sears would want to get every penny they can!
because real traders are still buying, shorts are trying to cover! We might get a better update after status hearing this morning but the 14th is the key date!
Which online brokers will actually let you do a premarket OTC trade?
Scared money doesn't make money, I will be buying more today!
And its his fiduciary duty to get the best deal for the employees and people Sears owes money to! THAT ISNT LIQUDATING!
Yep and my money is still on a positive outcome, they will not liquidate MARK THIS POST!
Stocks are often speculation and gut instincts, I choose to believe the final outcome will still very positive, some share holders will sell and some (like me) will buy more, sometimes the sellers are right and sometimes the ones that hold tight are right, its all in our risk/reward tolerance!
However ESL will have a chance to present there case to a judge for more time to modify there offer and my money is on the judge being more then inclined to allow it because its his duty to lookout for the people Sears Owe money to and to get the best possible outcome, Stocks are always a gamble! I will be a buyer today and adv down, I think the outcome will not be liquidation and Sears will remain in business with commons in tack!
No that is actual real news!
My money is on the judge giving ESL more time, there is to much at stake and the people sears owe Money 2 don't want a liquidation, my money is on ESL having more time and coming up with a plan they agree on!
Very interesting read!!, the debtors want a deal with ESL and want a "Viable entity going forward, they don't want to liquidate" ! This is going to dollars and the commons will be in tact, watch and see!!
https://restructuring.primeclerk.com/sears/Home-DownloadPDF?id1=MTI2NTY1&id2=0
Other Docket Info
https://restructuring.primeclerk.com/sears/Home-DocketInfo
That is blog site not real news!!!
I think insiders are buying or some good news is leaking some where, were almost GREEN!!!
Orca must be buying because now the MMS are following his lead and letting this go back up!
ORCA you should start charging these yahoos with education fees!
For once I Agree with ORCA, smart money is loading just look at the increase of volume so far today! Multiple big buys happening! Red to Green coming as well!
Your .40 coming back up and where back green! Patience my son!
You don't have patience you can never reap the rewards, scared money never makes the real money!!
It my buddy orca, how have you been, still have me blocked from pms I wonder?!
PPS may be down but you do see all those big buys right? People who make those buys aren't buying those large blocks on a hope and prayer I promise you!