Sears Holdings Corp. (fka SHLDQ)

[Smilin_B]

"As part of the deal, the property holding companies will own 160 of JCPenney's real estate assets and all of its owned distribution centers as part of a separate property holding company."

Interesting...

Only 160 locations out of the 846 total locations.

Hmmm...

"The company plans to permanently close nearly a third of its 846 stores as part of its restructuring over the next two years"

Its going to take TWO YEARS and people are squawking about how the shares are worthless? Well apparently "the street" sees value in the commons otherwise the stock would not have had a 39% up move yesterday - with numerous "shakes" down into the .$15 - $.16 level. And each and every time the shares traded down there, they were meant by extreme buy-side volume.

Its only Tuesday and early enough in the week to see a multi day runner in JCPNQ