nss100....you read the filing.............page 5....bottom..........says.......includes 9,498,300 shares of common stock underlying certain options exercisable within 60 days.......
WITHIN 60 DAYS
that's not that hard to understand
those 9,498,300 shares expire in 60 days, ............
i didn't see were the newly added 2,498,300 shares were CALLS.......... LMAO
.that's just a hedge........they just trying to cut loses
they have carried those Calls ALL year......EXPIRE in 60 days
Baker Street Capital Management, LLC 13fF-HR INFORMATION TABLE own 1,500,000 Shares and 7,000,000 calls,
now they own1,500,000 shares and 9,498,300 in options..
13G says 11,004,500 , includes 9498,300 options
you assume those options are calls.
I used to have a commercial account with osh, they had a good selection of product at good prices.
But that was over 20 years ago, and I haven't been in one of the stores since, mainly due to relocating away from the west coast.
Baker St now owns 11.5M shares and another 9.5M in call options. That's a whole lot of money. This is not Roulette..maybe it is Roulette for the short-term, but eventually the fundamentals will prove that this stock is worth $100+
im not a short im not a long just watching the unraveling of a former great American icon.Buying or owning this stock is the equivalent of playing the roulette wheel at a casino.No thanks I own companies that make money.Best of luck to you.
Baker owns 9,498,300 shares of SHLD in options . page 5
but the good news is Baker is flush with cash
they just sold 12,300 shares of HOLL at $1.5336 WOW......LMAO.........
ESL held 48 million shares of SHLD In 2012
ESL now holds 21 million shares of SHLD
what does that tell you
a little more food for thought
the only reason this POS isn't a LOT lower right now
is the shorts have been covering,
they are actually putting a floor on it...LOL...
that wont last much longer
I feel bad for you. SHLD is worth 100+ and Lampert will show you all very soon. Berkowitz, Lampert, Baker St, and othe big funds are heavily invested here with no short term plans to sell. This will be squeezed up very soon as well. Heed my warning shorts.
fast eddie is dumping AN again. he is really a tax geru....LOL
every body see this article "Madoff was ‘at the end of his ropes’"
that was only $64 billion
show me $ 71 billion in investments into the company??
they just added Debt
they have reduced inventories
they are looking for somebody to foot the bill on any projects they are "Considering"
the are spinning off because they Can't sell it
they have NOT made the pension payment
fast eddie was NOT able to buy the SHLD from fleeing ESL players
took ESL players long to sell SHLD right....LOL
now Moody's getting ready to hit them with ANOTHER downgrade
wont be long and backs will pull the plug on the revolving credit AGAIN
LANDS END INC
pages 11 thru 16 answer some questions,
page 14 taxes
How will I determine my tax basis in the Lands’ End shares I receive in the spin-off?
For U.S. federal income tax purposes, your aggregate basis in the shares of common stock that you hold in Sears Holdings and the new Lands’ End common stock received in the distribution (including any fractional share interest in Lands’ End common stock for which cash is received) will equal the aggregate basis in the shares of Sears Holdings common stock held by you immediately before the distribution, allocated between your
does NOT give a date yet, nor does it give a ratio, whether it will be 15 SHLD for 1 LE
as far as Debt goes page 15 .
Lands’ End also intends to enter into commercial agreements with Sears Holdings or its subsidiaries, such as a master lease agreement, a master sublease agreement, a financial services agreement, a retail operations agreement for the Lands’ End
this is on top the debt dast eddie has already loaded them up with.
gone from $153 Million to $50 Million in profits, on same revenue, says a lot
OSH all over again
I used to work at Orchard Supply Hardware in the garden department. We were only busy on the weekends. During the week it was dead, just like going to Sears
If you read the form 10, it'll be a tax-free distribution to current shareholders. No details yet though as to whether LE will pay $$ to SHLD or assume some of SHLD's debt.