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LOL, in your dreams. You silly dreamers. Eddie bought the remaining shares of SHOS that he doesn't already own for $21M. A pittance, how much are these SHLDQ shares worth now? Now he can list Tranform Holdco LLC under SHOS. Last chance to get more than $1 for these SHLDQ shares. Maybe he will offer you $2.25 for the remaining 28% that he doesn't already own. Don't bet the farm on it!!! Otherwise next stop is 30 cents
Fake news! You all need a CEO first! Currently, SHLDQ doesn't have a CEO. Eddie resigned and runs his own now. Eddie wants your shares lower before he makes an offer. I will load at 0.25
Last! and Screwed? Ssssh! They won't listen. They think we want their shares, lol. They are practicing Hodel like the Bitcoin people. De Nile is a long river without a paddle.
Yep! And it allows him to sell/divy it up to those investors that he feels important when he IPOs the newco shares after he leaves SHLDQ behind if it costs him too much to get the NOLs back.
My understanding is that he is awaiting the IRS ruling on the NOLs that he is trying to purchase through the asset sale. I wouldn't think we would see anything until his legal team hears back from the IRS. What I don't understand, is he trying to just use the Nols on his share ownership or is he interested in trying acquire all the NOLs without paying us for them through the asset sale. That doesn't seem like it would be legal.
RBS Partners (he) sold, 20,535,979 on 12/31/18
The more warrants he excises(if he does) the larger his % of ownership becomes therefore the smaller our position is. I see that as bad and good. Bad because we get diluted. Good because it makes it easier cost-wise for him to make an offer to buy the remaining float (our shares) back or reverse merge bringing our shares back from the grave.
100% Agree! I stated in a recent post that I didn't think the IRS would allow him to separate them.
IMHO he won't be able to BUY THEM AWAY from the shares!!!!!
IMHO only by maintaining the CURRENT SHARE STRUCTURE will he have full access to use those!
Link for what specifically? What Eddie bought from SHLDQ? You just reposted it from BZstocks, post #21702. That's what Eddie bought from SHLDQ. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146777348
Agreed, but remember, the shares we own are not the Original Sears any more. That was bought by Eddie to save the real estate and the most profitable stores from liquidation. We all are betting on a wing and a prayer that Eddie may want reverse merge or buy the shell back. There is a lot of legal headaches that he wants to be resolved before he would even think of doing either. I'm hoping we get another good short squeeze taking us higher. We all saw how fast this can move in either direction.
A POR or a POL? Everyone here has decided there will be a POR. We can only hope! Will it be re-org or liquidated. The $5B question depends on what the IRS decides on Eddie's quest of the NOLs. If he gets to buy them away from the shares as he is hoping then we are dead in the water.
.... Nothing gets locked up by him excising warrants. It would increase the total Shares Outstanding. If he were to sell them, then the shares move into the float. It's dilution at shareholders expense, but then again this Q-shell is worth nothing without him. I'm betting he would like to have the shell but at what expense to him is it worth it.
And only can be purchased by Eddie. The float is locked up smile
What a Corporate Bankruptcy Means for Shareholders. I'm not a short but things to think about, especially with the Q. Personally I would rather gamble on a turnaround here than leave it in a casino.
http://www.finra.org/investors/what-corporate-bankruptcy-means-shareholders
LOL, you can find anything on the internet! Doesn't make it true. Internet regurgitation.... that's my term for those of you that repeat everyone else's posts because you don't know any better. $47.7 is a pipe dream, pie in the sky. Let's see if SHLDQ ever gets relisted first. That's what it cost E Lampert to buy the good parts of the original Sears so it could survive 5.2B/ 109M shs= $47.7/shs. He isn't going to come give anyone one of us anything just because we gamble on buying paper that no one else wants. That's why it's only $1.14. If he hadn't done anything this would be $0.0, zero$ now. Doesn't mean the shares are worth anything. A lot of speculation at the moment. I think the shares are worth something only IF Eddie hasn't been able to strip the Nols from the shares. My thoughts are that the IRS won't let him. The reverse merger idea to save all the NOLs seems to have legal possibility but E Lampert isn't going to do that if he has to keep all the liabilities too. What would be the point of all the hassle? He own 100% of the good stuff that makes money. What does SHLDQ have now?....Nothing
Remember, that's what happens in auctions. The biggest bidders can get the best deals because they just aren't as many interested 5.2B bidders.
how the hell did he get almost all of SHLDQ assets with 5.2 billion if it was worth 7.55
$47 all over social media? LOL, Imagine THAT!! Regurgitated modern media doesn't have a clue. Creates dreamers, wishers, and losers everyday. Everyone wants to be a rockstar. Uh oh! Reminds me, their going to need anti-depressants. Who makes those? That's where the money is!! Does SHLDQ sell them?
RBS Partners, L.P. is hedge fund launched and managed by ESL Investments, Inc has decent positions in Lands End and AutoNation https://www.holdingschannel.com/all/stocks-held-by-rbs-partners-l-p/
SHORTED at 1.17 !!! that was easy - Fake bounce
I don't think he can because it would affect % ownership rules/ triggers that pertain to NOLs. Others know what happened in court last Thursday. This reversal hopefully is smart money taking over. Volume has backed off and we aren't drifting back much. No one is racing to sell like the previous days
Yeah baby!! can we take back yesterdays slide too! that would be an awesome reversal!!
SHLWQ, the warrants has been there all along, SHLDV,SHLDR, SHLDZ I haven't noticed before. Has anyone else?
The Q coming off would mean that we would be emerging from bankruptcy. We are all just speculating but that would be awesome!!!
I don't recall needing a'Q' there either.
Hmmm, SHLDV, it shows up on TDAmeritrade as Sears Holding Corp when issued. I haven't seen that in the cue before. ALSO...SHLDR is there too. SEARS Holding Corp Right and SHLDZ Sears Holding Corp Rights
We are invested in a stock that could be $0.30 or $3 tomorrow. Currently at 0.88. They want you to panic and give them your shares(if they want them). They might not fill the gap today but more often than not they do. Upside gaps require strength from news or good earnings. We have neither at the moment. Hopefully an 8K later today will lift us. We still haven't had news on what took place in court last Thurs.
More often than not, they all get filled. I guess I have seen it happen too many times. Evidence is evidence. We will know soon. If your short you may want to cover if it gets there. Big boys will take it back up from there.
We have a technical gap on the chart from .77 to .89. They maybe filling that today. Traders watch for those. There is a saying amongst us "all gaps get filled".
My L2 on TD Ameritrade doesn't show squat on OTC pinks. Just the basic B/A and size
I wish. That would be too easy
An equity security holder is a holder of an equity security of the debtor
Maybe Eddie started accumulating since $0.80 until $1.50 when the shorts got into a panty raid. After their hangover wore off and the shares are now getting dumped under $1.50 he is collecting more shares again.
MEDHI, I will take the bait! Why would SHLDQ make an offer to Holdco? Holdco wants to be listed(Eddie said, bets he will be public again, said so). Holdco will offer SHLDQ? Who's your daddy?
MEDHI, I will take the bait! Why would SHLDQ make an offer to Holdco? Holdco wants to be listed(Eddie said, bets he will be public again, said so). Holdco will offer SHLDQ? Who's your daddy?
If you meant SHLDQ, then you are 100% correct
No they don't!!!! They stay with the shares that they originated from. They weren't sold as reported by others here. Besides, SHLDQ would be at 20 cents already if that was true!!!! Show us the proof instead of regurgitating lies! Cut n paste for little puppy!!
My thoughts? Courts would want creditors of SHLDQ satisfied through the POR(Plan of Re-org) before he can buy it back.
Ah,ah, no! Eddie was already a long time SHLD investor(73.5%), now SHLDQ. The Holdco entity is not yet an investor in SHLDQ. We are hoping that he makes an offer for the remaining float (our 26.5%).......about NOLs... Eddie's ownership of his shares has been continous and ownership size hasn't changed in over 2 years. This is why he has the greatest chance of acquiring the remaining NOLS. If the IRS laws(Sec 382) allow, he can use them where he deems beneficial and reep 100% benefit of them. I would think that 73.5% of the NOLs should be his as he meets the continuity requirements. Whether he is interested in our 26.5% is up to him and the courts. I'm of the thought that our NOLs are only worth something if he gets SHLDQ uplisted or merges with HOLDco. Thanks for the healthy conversation.
"He forgot to say the common shares will be safe..Those few words would of did wonders"
I would expect that he wants there to be low public expectation and SHLDQ price to be squashed so creditors can acquire cheap share purchases before good news emerges. I believe in one of his recent announcements he states that they should purchase shares.
They aren't safe, hence the price movement. There is just speculation that the shares may be wanted by ESL because the tax-loss carry forwards(called NOLs) have buying power and tax off-sets against future profits. The NOLs reside with SHLDQ . Eddie is the only one that can get 100% benefit from them because of his substantial ownership in the former SHLD.
Yes, it had been in the media previous to that so his decision was expected. Now SHLDQ is a rudderless ship sailing where the NOLs may take her. Hopefully Thursday's court decisions will give us some more clarity. I believe Thursday's decision was whether to allow ESL 4 month's to complete a Plan Of Re-organization(POR) I'm expecting an additional 8-k confirming this . The most recent 8-K was for the previous court date on 2/08/19