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Sears denies Eddie is chatting up bankers on Sears Canada

  • Sears Holdings (SHLD +5.9%) says a report from earlier today on an initial sale process for Sears Canada is false.
  • Investors aren't in a selling panic over the retailer's denial as it looks as if a little wordsmithing just might be in play.
Comments (8)
  • Stone Fox Capital
    , contributor
    Comments (5790) | Send Message
     
    Based on the stock move today he has to consider it now.
    25 Nov 2013, 02:38 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (4032) | Send Message
     
    Just a squeeze, on this news it may sell off.
    25 Nov 2013, 02:40 PM Reply Like
  • idkmybffjill
    , contributor
    Comments (1560) | Send Message
     
    A little over $65M in shares changed hands. Hardly the decision he has to consider because of share price movement.
    25 Nov 2013, 02:41 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8166) | Send Message
     
    Tender offer for the rest of the outstanding shares.

     

    ...now THAT would be interesting.
    25 Nov 2013, 02:57 PM Reply Like
  • MSF INVESTMENTS
    , contributor
    Comments (4032) | Send Message
     
    Why do that Lampert could buy them cheaper on the dips.
    25 Nov 2013, 07:19 PM Reply Like
  • dougmccown
    , contributor
    Comments (28) | Send Message
     
    Folks, with so many stocks tracking well, with good futures, why oh why would someone want to own this?
    25 Nov 2013, 07:39 PM Reply Like
  • brister16
    , contributor
    Comment (1) | Send Message
     
    What would happen to outstanding consumer orders if a sale happened?
    26 Nov 2013, 02:09 AM Reply Like
  • caj1455
    , contributor
    Comments (10) | Send Message
     
    Definitely could be the mother of all short squeezes.... just announce to take the company private......megaphone to the shorts....MARGIN CALL LADIES AND GENTLEMAN
    26 Nov 2013, 10:46 AM Reply Like
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