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Micah Comments (225)
 
Earnings were ass, but the overall report has many positives. SHLD is taking a completely different tone and mgmt is not sitting on their hands.
23 Feb, 08:05 AM Reply Like

MSF INVESTMENTS Comments (926)
 
I'm back in and long.
23 Feb, 10:08 AM Reply Like

Micah Comments (225)
 
Is this what you were waiting for? A little communication is nice....
23 Feb, 10:19 AM Reply Like

MSF INVESTMENTS Comments (926)
 
Yes,,,don't you feel better investing in Sears now.
23 Feb, 11:26 AM Reply Like

untrusting investor Comments (7017)
 
LOL, massive central bank interventions are good even for equities with big losses.
23 Feb, 07:10 PM Reply Like

Erick McKitterick Comments (291)
 
So a company loses takes massive loss and now shorts cover it's amazing.
23 Feb, 08:42 PM Reply Like

jjonnewman Comments (12)
 
There is no way an individual investor saw their earnings and than said " I think sears looks like a great investment " and no mutual fund or brokerage would have done that either . I do not know how sears did it but they somehow for now kept their stock price up . The one time I short a stock , their earnings are as bad as earnings get and the stock goes up . HMMMM
24 Feb, 01:38 AM Reply Like

Erick McKitterick Comments (291)
 
CS has a 20.00 pt on SHLD.
24 Feb, 10:18 AM Reply Like

Spencer Knight Comments (267)
 
The stock was oversold prior to this. Management gave a positive outlook regarding operations and many people bought into it. It happens.

Who knows, maybe Sears will be a great turnaround story at some point. But at the same time it could be a big flop. Too risky to jump in yet.
24 Feb, 01:49 AM Reply Like

Micah Comments (225)
 
It is clear neither of you read the earnings release, the conference call transcripts or the chairman's letter released yesterday. The retail operations were and are horrible. This is a known quantity with long-term investors in Sears.

The story is and always has been about the balance sheet and assets. Management went through a rigorous process yesterday to clearly separate operations from assets.

Sears is liquid and they have a plan for the future to unlock the value of all their assets - that equals a 20% pop in one of the most shorted stocks in the S&P.
24 Feb, 10:19 AM Reply Like

Erick McKitterick Comments (291)
 
Micah,

No I read both and I follow the strategy but I follow the options market and the overall options flow remains to be bearish on the name. Puts have been bought on the ask more than 45% of the time even after this 20% increase in stock price which is also why IV continues to elevated more than 200% higher than the 52 week low of 31.82. The truth of the matter is I'm a show me type of person. Give me a couple good quarters in a row and then I'll believe.
24 Feb, 10:36 AM Reply Like