Here's the thing. Lampert can STILL make a LOT of money from his SHLDQ stock before all is said and done, AND he can get rid of it at the same time.
The GIANT short squeeze that is to come.
Yes they are an ihub myth most of the time but they do really happen from time to time.
This stock has all the checkboxes checked for a giant short squeeze and it's getting worse for them.
These are the Q's. It's the wild, wild west. They can do pretty much whatever they want with impunity with these things.
So, the question is, what and when will be the trigger? It won't take much. There's was a LOT of buying and it all ain't ihub money.
"They" can do whatever they want with the stock and still make a ton of money. Lampert included.
I predict a day that has a pretty sharp spike downwards at first, followed by a pretty sharp spike upwards, then a sustained large spike upwards further and further, pushing it higher and higher.
Margin calls and liquidations will be triggered, spiking the price higher and higher each day.
Then at some point it will end.
GLTA