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So long, no pun intended. Looks like nothing left for stockholders
News about School Specialty and its most recent transaction:
https://www.prnewswire.com/news-releases/school-specialty-inc-finalizes-recapitalization-and-sale-of-business-301131636.html
And from this news release at the bottom:
The wind-down and dissolution of School Specialty, Inc., to address any assets not acquired or liabilities not assumed as part of the transaction described above, will be managed by Ocean Ridge Capital Advisors.
The stock is probably worthless. Oh well.
Would love to see it breakout. Not gonna happen till we get updates though.
Just about every share traded was whacking the shit out of nice bids. No reason to slap because no updates from company still.....
Agreed. Plus it looks like an ETRF ask wall to fill bids as jabrock mentioned
SCOO $$$
Looking good here! $SCOO
Bid looking better
Better bid support.
Wish we can get rid of that yield sign though...
Yes. They have a lot of debt too but were taken over by a couple billion dollar private equity firms. TCW and Cargyle Group have controlling interest. Still under the radar.
is this number real?, really made 626.3Million in Revenue?, are you kidding?
School Specialty Provides Fiscal 2019 Results GlobeNewswire - Mon Apr 6, 10:15PM CDT
-- Fiscal 2019 Revenue of $626.3 million
Got the rest of my fill. 45k strong. More orders under .10 if we get a panic seller or fat finger. Now how about some damn updates!
Nice score
SCOO $$$
Got another 7000 today. Need about 10000 more.
Haha. Yeah. I’ve been trying to fill 13s for a week. Only have got 2500 of 20000
A waiting game !
I admit the chart looks promising ... higher lows but we need to affirm the higher highs as well!
Still holding 15K shares on the hope this all works out. Their Revs are huge at least before the Virus hit us!
Hmm... if you look at all their disclosures and website they are current all the way through 2019 with everything.. I would say they were due to renew their OTCQB.. and apparently late on that.
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lets see how this plays out ... one knows their business was affected by schools being closed... but a NEW NORMAL is coming.
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We got a yield sign folks! Anyone wants to chime in?
"Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC."
Well you can buy them today if you want.
Same, I doubled my position today ... will continue to add as I watch the ticker tape.
.30-.35 is a tough range. Need to churn through. Added .29s today. Looking for .20 if the opportunity presents itself.
Agreed...
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This is showing some great volume the last four days and today already four times the Daily AVG ....
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TCW Group here for a reason as the controlling company .. picking up some more today
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