****** Congratulations to all who took the risk buying SHLDQ these past 2 weeks. The 8k confirmation (see link below ) and Press Release solidified that Sears/Kmart/Kenmore are not only surviving, but will thrive with this new restructuring as Sears exits Ch11. This was a high risk, high reward stock, but with the amount of shares owned by insiders (over 70% of the 109 million OS) and the 45,000+ employees, the probability of Sears/Kmart going under was greatly reduced. This news is what we have been watching and waiting for. Please focus on these facts:
1. SHLDQ has a Float of less than 30 million shares and an OS of only 109 Million
2. SHLDQ insiders own well over 70% of the 109 million OS
3. Former CEO owns over half the OS
4. Extremely low Market Cap
5. The top 425 profitable Sears/Kmart stores will remain intact. SHLDQ owns Kenmore.
6. $5.2 Billion buyout accepted and confirmed by Judge Drain
7. $5.2 Billion divided by 425 stores is $12,235,000 valuation per store
8. Current Market Cap of $130Million divided by 425 stores is $215,000 per store
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