Sell and go short $2.7, perfect junk
Eddie needs to make a move or to delistment it goes ´´´´´´´´´´´´´´´´´´´...
Looking pretty beaten up... one more rally before the sell off?
Just like many of the Texas Shale oil companies during the oil downturn with massive debt, Sears is what we're calling "Walking Dead" of the retail industry. The recent rally of price has likely come from many of the shorts closing their positions at large profits, and the huge drop has come from professional and retail traders alike identifying an opportunity to...
If you're going to play anything next week premium selling wise, it's going to be in earnings, because that's all that's really out there volatility-wise. The VIX remains persistently low here, and running a screen for exchange-traded funds with >70% implied volatility rank, and >35% implied volatility yields absolutely nothing. Here's what showed up on my radar...
$SHLD Appears to be in the beginning of Elliott Wave 4 retracement. Both RSI and MACD loooking bullish on the daily chart. A cross above $8 by 2/10/17 is not unlikely.
As of today, Sears Holdings Corporation has a book value of -$18.45. Kindly notice the negative sign, given the fact that liabilities > assets. In addition, it has annualized losses per share of -$10.7 and it is expected to have Q1 results of -$3.21 EPS. Based only on these fundamental metrics, a valuation of $16.81 per share is totally unsustainable in the short...
re did a few down trend lines , looks like we hit my new down trend line i did not do my usual fall Put due to the high cost of PUTs this year ] Lamberts fund seems to buy every time this dog gets low I see the problem that shopping malls are going bust still as people buy on line and do not see how sears can rent these out for profit when they could not...
30 / 28 March wk 4 Bull put spread .20 limit I would not even look at this spread unless we close below 34 on the daily. Line in the sand is a close below $31 on the daily