Thursday, August 20, 2009

Sears… Lampert or Lampoon? (SHLD)

Sears Holdings Corporation (NASDAQ: SHLD) is trading modify by almost 13% at $64.00 per share this morning. As of 8:51 AM EST we have seen over 445,000 shares change safekeeping after the retail giant posted a loss of $94 million, or -$0.79 EPS after items. Wall Street is no individual giving this one the “restructuring break” that has been the case for some time. Sears has a 52-week trading range of $26.80 to $108.75 and trades close to 1.4 million shares per day on average. -JON OGG


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