Repost:
Congratulations to all who took the risk buying SHLDQ over the past week! This was a high risk high reward bet, but with the amount of shares owned by insiders (over 60% of the 109million OS) the probability of Sears/Kmart going under was reduced. This after hours news is what we have been watching and waiting for. Of course we are hearing a lot of negativity on this board over the weekend as we await the open on Monday as the stock was a heavily shorted target. Please disregard the negative comments and focus on these facts:
SHLDQ has Outstanding Shares of only 109 million shares
Float of less than 30 million shares
Market Cap of less than $19 million
SHLDQ insiders own over 60% of the 109 million OS
CEO owns almost half the OS.
Do your due diligence. Understand that this $4.4 Billion deal equates to $41/share. Yes, $41/share!
As you see by the chart, we are currently (.17/share) and close to the all time low of .12/share. There has been no preloading, no P&D ..... SHLDQ is at its all-time Low! Buying on Monday will be extremely heavy and we will be participating in it. We are very excited for the open on Monday!
:)
All my posts are my opinion only. Please do your due diligence on all your investments.
