Unfortunately we missed the chance to buy at $50 before the close. Looks like the perfect double bottom. SHLD reported earnings of $.38 ex items with an analyst estimate of minus $.88. Thats a whopping beat. Lampert seems to have this company back on track. The huge buybacks and fund ownerships leaves the float very low hence the huge jump after hours to $57.
SHLD is a big investment in our funds expecially the Growth and Net Payout. Its probably a great buy at these levels but disappointing to have missed it prior to earnings. I'd expect a run to new highs.