Ack is back along with T2.f sears canada to holdings for 560MM valuing the company at 3.3B in 2010 (post crisis). Pershing wants spinco back at 1/3rd of the price he sold it for 2 years ago...
Sentiment: Strong Buy
where do you see that Ackman is buying? Is the buying for Sears or for Ackman?
Lampert still buying to grab as much of cad spinco as possible. SHLD using 450MM cash from SHOS for share repurchase. no more shares left we go to 100
shorts have to buy $2B spinco next week so scrambling to get out. Last short squeeze went to 85