Sears Holdings Corp. (fka SHLDQ)

[jerry333]

Yes its private!!!! but thats the company that bought the assets. His goal is to take that company public - this is what he means. Has nothing to do with existing sears shares.

Now you need to ask your self is he or is it worth taking current sears to 0$ or merging them with new company once it becomes public. At current prices it would add value to the private company to merge the sears shares.

There is a chance that shares go to 0$ of course. You have to have no common sense if you think there isn't a possibility but you need to weight out everything that has transpired since announcing bankruptcy.

1) its no longer bankrupt! most important part Sears name lives on.
2) not a 20 cent stock now but a dollar stock that can be re-listed to nasdq/nyse.
3) Lampert owns over 70 millions shares (other bankrupt companies insider own very little)
4)Now that its a dollar stock it wouldn't be wise for them to cancel shares.
5) lampert cares about the people (supposedly lol) meaning employees etc. Many employees are shareholders. It would be a negative to cancel out the shares after giving them their jobs back.

Weight out your options but most importantly go with your gut. Most investors are happy with 50% returns and move on (daily traders) others are longer term.

I still believe that lampert will not cancel the shares