TOO FUNNY...they announce the SPINOFF and stock quadruples from jan-march, sucking in lemmings, it has since melted.
This time around it will go in reverse as the markey realizes it is nothing but a fancy dilution. I would suggest all the 'equity value' would quickly shift to SOSR, but they jammed it up their #$%$ by making them use up over 1/3 of their credit line to spoon feed SHLD 100mil. too funny. no wonder this stock is so heavily shorted. Short situations like this don't come along too often.
Really think about it, sell your best performing parts and lever them up as your former shell of a self dwithers into nothingness as executives milk it for all they can on the way down.
I predict a GAP and crap, it shoots up largely at the open and melts away into the day and slides till support is found under 50 over the next couple of days.
If the share price even gets a whiff of 60, I am doubling my short position, what a pig.
Presumably you've doubled your short. Good luck with that. We're headed WAAYY over 60 so you might want to keep some bullets dry. I would like to personally thank you for paying the 20% over the years to keep SHLD share price artificially low. Without you and your deadbeet friends, my percentage ownership of SHOS, OSH