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Guys where you got this number from $13.95?
Also any action should I take to keep the warrants ?
Appreciate your feedback
Thanks, do you know when this transition period will be completed? Also based on your opinion would you exercise the warrants or keep them in warrants.
I own 58000 shares if thats what your asking. I understand I'll end up with about 500 in warrants but just wondering what the stock/warrants will actually be worth.
How many of your stocks
I'm new to this and bought in at 22 cents. What would the value of the warrants be worth? Thanks.
CJESQ: BK PLAN effective. All shares cancelled. Holders will receive 0.00994747 new warrants per share.
http://otce.finra.org/DLDeletions
Couple days old but.....Rights offering successful
Post reorg CJES is worth a minimum of $13.58 per share. 14,727,550 shares valued @ $13.58 per share, $200mil
Existing common holders get an automatic put option for FREE. If the hedges bought in @ $13.58 make no mistake about it, the post reorg CJES is worth well north of $25 per share. When the court dust settles and the year end tax loss selling stops, CJESQ will follow the same path as BTUUQ.
Nevermind...I see they're erasing all common shares and getting a free ride like 80 percent of these companies that dont deserve it.
I must be missing something on this stock
Bankruptcy hearing to give them another 100 million dollars to spend is monday and will most likely be approved. Management has to make this thing go up strong in order to get their bonuses?
I think this is extremely good for the company's restructing plan. Hope they come out the problem in days to come.
CJESQ $1 rotation turn. Breaking out
Wow!!!!!!!!!!!!
excellent indeed. got out a bit early but still very nice. will be watching for dips
Great continuation from last week.
Don't see 0.3
So ur saying it will be at .30 tmrw? U wish.
Looks like some people are running out of this POS by pump and dump, as all shares are going to be Cancelled.
Be very careful not to be the last bagholders.
Look, CJESQ was $0.2's before filing Bankruptcy Jul 20:
2016/05/20, $0.28, 15,643,740
2016/05/19, $0.24, 21,119,428
Recover? With $6.1 Billion losses and Debts?
Day-dreammer, you are.
Plus, those 123 million worthless shares are finding way to bail out, as well.
CJESQ, Losses and Deficits: $6.1 Billion. It's finished! It'll Never get recovered and the company will be shut down.
Those old bagholders with shares at $0.30's are pumping hard in order to dump their worthless shares to the new bagholders!
Be very careful, it'll going back down to $0.30's fast as they dumped.
My shares are locked down tight. I will hold for multiple dollars on this one. GLTY
Hope you didn't sell... :)
monster call...nj
Is on his way to rescue it from bankruptcy Do you share my opinion
definitely seems like one of the better risk/reward scenarios out there. Gone through long consolidation and now finally over 50 dma. Hopefully gets some traction and heads towards $1 but either way by mid december should see some news re new shares/warrants.
This is an excellent stock in my portfolio. Low risk, no worries.
got to do your own due diligence but IMO this appears way undervalued. Once they issue new shares and current shares get converted into warrants it should be worth triple current price.
Is it a good idea to buy some cjesq stock? I'm new to this any advice is appreciated.
Definitely undervalued. Expecting the warrants to be much much higher.
When this should haven ?i mean they issue new stocks ?
you can sell now its trading on otcbb exchange. After bankruptcy current common shares will be exchanged into warrants for new shares. Seems like warrants should have value around triple current prices. Could be considerably more, especially if oil prices continue rebounding.
Cjesq is delisted from the nyse. News just out.
Can I sell my shares in CJES or she parked after the completion of Bankruptcy
Can I sell my shares in CJES or she parked after the completion of Bankruptcy
Haven't grabbed any but I will soon.
hope you picked some up, chart starting to look real nice. Had a bunch .195sh avg but needed to free up funds so sold out mostly .3-.33, some a little lower but bought back in. Have a feeling this has a good chance turning out similar to UPLMQ, just needs some patience.
after bankruptcy your current shares will be converted into warrants for new equity. How many warrants and what they'll be worth depends on # shares issued and pricing in the new stock.
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