While all the news lately has been bad for Sears, I found it quite interesting that the CEO who owns 60% of SHLD in his Hedge Fund just bought a huge amount of stock. Sears has never been an investment based on confidence in its retailing operations and I think that purchases like this speak volumes. We are still waiting for the Orchard Supply stock to hit accounts but I’m hopeful that it should happen by the end of next week, or at worst after options expiration. Thank you very much!
LAMPERT EDWARD S: Insider Trading and Stock Options
Common stock purchase or sale:
|
Transaction
& Date  |
Reported
Date |
Company
|
Symbol
|
Insider
Relationship |
Shares
Traded |
Average
Price |
Total
Amount |
Shares
Ownership |
Filing
|
|
2012-01-09-
-2012-01-11 Purchase |
2012-01-11
7:09 pm |
4,870,529
|
$29.26
|
$142,529,000
|
22,080,083(Direct)
|
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.