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News just released today on SHLDQ! Eddie Lampert

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Penny Traders Club Member Level  Wednesday, 01/09/19 10:06:09 PM
Re: None
Post # of 35243 
News just released today on SHLDQ! Eddie Lampert submitted a $5 Billion ($5,000,000,000) bid to save and restructure Sears/Kmart. This extremely undervalued stock is locked up by insiders (over 70% of the 109 million OS). Sears and Kmart have 50,000+ employees. This news is what we have been watching and waiting for. I’m sure we will hear a lot of negativity on this board by displaced Shorts. Please disregard the negative comments and focus on these facts:

1. SHLDQ has Outstanding Shares of only 109million

2. Float of less than 30 million shares

3. SHLDQ insiders own well over 70% of the 109 million OS

4. CEO owns over half the OS

5. Extremely low Market Cap ($40 Million)

Do your due diligence. Understand that this $5 Billion deal equates to $45/share. Yes, $45/share!

As you see by the chart, we are currently close to the all time low. There has been no preloading, no P&D ..... SHLDQ is at its all-time Low! Buying tomorrow will be extremely heavy and we will be participating in it. We are very excited for the open tomorrow!

https://www.latimes.com/business/la-fi-sears-20190109-story.html

https://www.cnbc.com/2019/01/09/eddie-lampert-reportedly-submits-revised-bid-of-roughly-5-billion-to-save-sears-from-liquidation.html

https://finance.yahoo.com/news/lampert-said-ready-higher-bid-165137897.html

https://www.cnbc.com/2019/01/08/chairman-eddie-lampert-to-get-another-chance-to-save-sears-sources-say.html

https://www.cnn.com/2019/01/08/business/sears-future-bankruptcy-delay/index.html


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