Extraordinary Parabolic Advance Continues.. Sears Target $5.00
The extraordinary parabolic move up in Sear's (SHLDQ)
has continued unabated in 2/13/19 trading
with the stock up yet another 30 + % today alone,....now trading above 2.50 a share !
There are simply no meaningful pullbacks to buy into here.
I have chosen to begin accumulating Sear's again at 2.50 a share this morning, using that level as a GTC Stop.
$2.50 is very important number as it now opens the possibility of the stock doubling from these levels, to the $5.00 a share
which I repeat will get the stock relisted on Nasdaq for trading, a very important benchmark threshold for the company.
,
Some may dismiss the move in Sear's, as a low cap stock/high risk trade ,a who care's trade on a Chapter 11 company.
I choose to believe the real estate alone is worth more than $5.00 a share in Sears.
and that the price rise in Sears could be a potential once in a lifetime speculative opportunity
where risk/reward continues to be for an extremely bullish endgame = $5.00 a share =100 % Return !
SHLDQ Last 2 57
THE_UNWIND
2/13/19 1145 AM
NEW YORK
The above analysis is my own stock evaluation, both technical and fundamental.
It should never be considered trading advise,of any kind.
has continued unabated in 2/13/19 trading
with the stock up yet another 30 + % today alone,....now trading above 2.50 a share !
There are simply no meaningful pullbacks to buy into here.
I have chosen to begin accumulating Sear's again at 2.50 a share this morning, using that level as a GTC Stop.
$2.50 is very important number as it now opens the possibility of the stock doubling from these levels, to the $5.00 a share
which I repeat will get the stock relisted on Nasdaq for trading, a very important benchmark threshold for the company.
,
Some may dismiss the move in Sear's, as a low cap stock/high risk trade ,a who care's trade on a Chapter 11 company.
I choose to believe the real estate alone is worth more than $5.00 a share in Sears.
and that the price rise in Sears could be a potential once in a lifetime speculative opportunity
where risk/reward continues to be for an extremely bullish endgame = $5.00 a share =100 % Return !
SHLDQ Last 2 57
THE_UNWIND
2/13/19 1145 AM
NEW YORK
The above analysis is my own stock evaluation, both technical and fundamental.
It should never be considered trading advise,of any kind.