Replies to post #20086 on Sears Holdings Corp. (fka SHLDQ)

[tooltimetim]

Appreciate your input as always. Waiting for more logic thanks

[bigmoneyyyyyyyyy]

CANADA PENSION PLAN is a HOLDER of SHLDQ shares, CANADA PENSION PLAN is a masssssssssssiveeeeee institution, I'm Canadian by the way, CANAFA PENSION takes a percentage of dollars off each workers pay cheque, are you actually still trying to convince people that a CPP is holding worthless stock? we would start flipping buildings upside down here in Canada knowing that our pension money just got thrown in the dumps!!!!!!!!! COVER YOUR SHORT POSITION! EDDIE LAMPERT WOULD ALSO NOT BE HOLDING STOCK IF IT WAS TO BE CANCELLED, COVER YOUR SHORT POSITION!!

[cono-sur]

Commons are not getting wiped.

Yes, we know new holdco bought ALL assets. Yes, lampert and co are the owners.

But:

1. He bought assets trying to save loans he/esl gave SHLDQ aprox 2Billions. So, not that he doesnt care on his stock bought directly which gives him/esl 70% control (est.). He still have much to save regarding his/esl 70% stake. Even if the assets bought are worth more than what he "payed". He might be a billionaire, but not dumb. If he can turn around and not only have bought assets on discount but also make a profit on his stake, then he'll do.

2. Too much institunional investor still in. Too much to loose on reputation if that was the case.

3. NOL's offcourse its deffinatly worth a lot. Even if (as some say) debt is higher than the NOLs.

4. "Sears" name/brand.

I see too much value, due to current prices ($100M market cap), even with a 10% on new holdco would be an amazing winning call.

[berdboy]

AMAZING! GREAT WORK! I WISH I WAS 1/100TH AS SMART AS YOU AND LINDA! SHLDQ

[MOCKBA]

Great news! Now we need 8k next week!

[linda1]

I hereby correct a previous error I posted -
the Series B Preferred Units have a
higher ownership interest than the Commons
and their voting power is determined by
the issuer.

I googled Series B Preferred Units and found
an issuance of Series B Preferred Units to have
no voting power and another issuance to have
the same voting power as the Commons.


I may be incorrect but I think that the Holders
of the Secured Second Term Obligations who
are to receive a portion of the Series B
Preferred Units is either ESL’s Credit Bid
or one of the Debt ESL holds.


You are correct in that - per the APA - ESL is
very much trying to obtain the NOLs. I read
somewhere that the final approval of any
of the Sales Transactions qualifying as a Tax
Reorganization is from the IRS.


I agree that there is a lot of misinformation
posted about the 363 Sale. As you state
Transform Holdco is buying only certain Assets
of SHC and not the Common Shares of SHC.
SHLDQ Commons have zero ownership in
Transform Holdco and 100 % ownership interest
in the remaining Assets in the Debtors’ Estate.

[WebSlinger]

Thanks for the post