Your core buy was 65, you've been averaging down ever since, regardless you are under water, while your island is high and dry, well out of reach
More specifically Eli Wexler, and it looks like he's getting more active, I really think Eddie has lost his mind
fx_trader_2008 • Feb 4, 2014 10:50 AM
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You have no clue, dude!
berkowirt just reaffirmed his conviction and sees Sears' NAV at $150 - per share!
I'll take THAT to the bank, my friend.
CNH PARTNERS LLC sold out 9-30-15 along with 36 other institutional holders
Even RBS has sold 1 million shares.
You can find it all on NASDAQ institutional holdings page.
If that was his goal he would let the stock drop to $5 and buy then.
All he is doing now is supporting the stock from institutional selling
It makes zero sense to take a shell company that has spun off all the valuable assets and take it private and then assume 3.3 billion in debt.
I agree with trailer as price action looks like an attempt to prevent "crowded exit syndrome"
Nothing short of bankruptcy will convince some of the cult followers