Sears Holding Corporation may be a great investment and probably has great value in terms of what the company has on the books according to value investors.
The potential for a short squeeze is there given the particular float situation. Good news and extended buying from Lampert and Berkowitz et al could push the price up. Bad news and more short selling could drive it down hard.
We have a balance around 30-25 and also a large balance in between which could propel us both up and down. Good risk reward in both directions should we break the balance.
The potential for a short squeeze is there given the particular float situation. Good news and extended buying from Lampert and Berkowitz et al could push the price up. Bad news and more short selling could drive it down hard.
We have a balance around 30-25 and also a large balance in between which could propel us both up and down. Good risk reward in both directions should we break the balance.