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SHLD popping AHs on huge earnings beat

|Includes:Sears Holdings Corporation (SHLD)

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.

Stocks: SHLD