InvestorsHub Logo
Followers 12
Posts 376
Boards Moderated 0
Alias Born 04/24/2012

Re: FORDGT post# 2552

Tuesday, 10/09/2018 12:10:48 PM

Tuesday, October 09, 2018 12:10:48 PM

Post# of 37346
Money flow is clearly on sell side. Sell to buy volume 4 to 1. This has been a controlled unwind by institutions for quite some time. Insiders selling as well. Now SHLD brings on a board member who has vast experience in prepackacked CH11 plans. In addition CNBC states today as the largest debt and equity holder, Mr. Lampert has more to gain with SHLD entering CH11 then trying to continue to sell of assets. Put volume through the roof. In my opinion SHLD will default on looming debt payments and announce intent to restructure within the courts soon. Best of luck to anyone still long.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.