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Non-Tech : Sears Holdings Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (811)8/28/2008 4:01:06 PM
From: Sr K  Read Replies (1) | Respond to of 951
Monster short squeeze in SHLD.

All the headlines today (Bloomberg, WSJ) were about the decline in profit and revenue and no turnaround.

But the company bought back 5.6 m shares for ~$78 per share in Q2 and now has only 126 million outstanding. That's down from ~164 million st the time of the KMRT-S merger.