CEO buys $143MM of Sears Stock on the open market

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

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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	SEARS HOLDINGS CORP	SHLD	LAMPERT EDWARD S ESL INVESTMENTS INC RBS PARTNERS L P ESL PARTNERS, L.P.(Director 10% owner)	4,870,529	$29.26	$142,529,000	22,080,083(Direct)	View