spiral you got smoked we warned you I feel sorry for you i hoped you covered your loser short position at 35 when I told you. i made 300k front month calls off of #$%$ like you and onsl and jcredits the gifts that keep on giving and will do it again and again. Spiral this is the your first time don't grow up to be a serial loser like onsl and jcredit. While freedom of speech affords simpleton twits such as yourself onsl and ivorytower jcredit to drool vomit I thank god for free markets that wipe your mental midget brains into the dustbin on a daily basis. Thanks for your cash, and for the sake of your future and families please dont ever take the other side of a blaxwon or rocket trade you clown.
Landsend trading at $35 pershare now shorts have fun going out and buying that one too.
LEDMV trading at $33 today on big volume. THats $10 per shld share. Shorts getting absolutely smoked. That one spin costs them 170MM alone and was coming clear as day.
So shorts can calculate their annual reaming then (Unless they panic and cover like they did with SHOS)
SHLD + LEDMV = $55 by most estimates
trying to be conservative here. Did you see land's end will pay SHLD annual rent of 30MM going forward? Cool. Based on current cap rates thats worth around 500MM+500MM in the bank and tada you're at $1B+,
and put the shorts out of their misery
Lands’ End $515m 7Y Cov-Lite TLB Final L+325, 99.5; Allocated 91) ☆
By Pham-Duy Nguyen
March 17 (Bloomberg) -- Priced and allocated March 14.
• Borrower: Lands’ End Inc.
• $515m 7Y Cov-lite TLB
• Final Price: L+325bps vs L+375-400bps
• Libor Floor: 1.0%
• OID: 99.5 vs 99-99.5
• Call: 101 SC (12mos.) vs (6mos.)
• UOP: Shareholder distribution to Sears Holdings
• Bookrunner: BofAML
• Information from person familiar with the matter, who asked not to be
identified because they’re not authorized to speak about it
For Related News and Information:
First Word scrolling panel: FIRST
First Word newswire: NH BFW
I'm up 300% on front month call options. check the posts a couple more bucks and I'll be buying the island thanks for your cash
No they did not which makes sense as OSH was about one tenth the size of LANDSEND. They covered like scalded chimps though on SHOS which at the time was about HALF the size of LE, so reasonable to assume they will run panicking again this time.
record date is monday but you gotta buy it 3 trading days before that which is why lampert is out there backing the trucks up
Yes or no?
On March 13, 2014, Lands’ End, Inc. (“LE”), the spin-off of Sears Holdings (NASDAQ: SHLD, $45.56, Market Capitalization: $4,852 million) announced details and timeline of its separation. On April 4, 2014, Sears Holdings will conduct a pro rata distribution of 100% of its interest in Lands’ End to its shareholders as of record on March 24, 2014. The spin-off ratio is 0.300795:1, implying that SHLD shareholders will receive 0.300795 LE share for each SHLD share held as of the record date. When-issued trading is expected to commence on or around the record date, while regular-way trading will commence on April 7, 2014. The spinoff is expected to be tax free for Sears Holdings shareholders.