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But it wasn't so obvious to people . . . like you.
THE PLAN:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NzkwMzk5&id2=0
Is this game over? Have to see how investors re-act to this in the next few days to come. One part makes it seem like we are getting absolutely nothing, but another part makes it look like we just might get rewarded. These court room documents are intentionally made to be difficult to read. Why don't they just say straight out that shareholders are getting nothing. Well Masterblaster you won the obvious after a year and a half ride. Bankruptcy stocks are really horrible, the money, time, and experience gained from this has taught be one thing. I will avoid all bankruptcy stocks from now on - no exceptions! And as far as the mall group being so stingy - I will avoid all mall retail stocks as well and hope all investors do as well!
OI! see you then!
COURT ADJOURNED TO JANUARY 30, 2018:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=Nzg5MjA0&id2=0
AROPQ lives On!!!!
THE CONCLUSION OF AROPQ COMING SOON AT A COURTROOM IN NYC!
http://www.nysb.uscourts.gov/calendars/shl.html
Keep a close eye on the volume and on prime clerk documents. Possible Dead Cat Bounce today or maybe some really good news or most likely more court dates? Wait and see just a matter of hours, weeks, or years. LOL
https://cases.primeclerk.com/Aeropostale/Home-DocketInfo
Go AROPQ ??????????????
exactly, that's why I reduced my position (at a significant loss as well) because my money can be used better somewhere else. I kept a small 50 shares just in case though I had 2800 before. This stock is dead and will be gone by the end of Q1 2018. I bet another teen retailer goes out of business too. Amazon is strangling the retail market where even Walmart is struggling to keep pace with them.
again, with only 1 institutional investor (and only a minor one at that) there is no reason to believe this is going anywhere but down.
same here, I learned a valuable lesson from this too. I thought about investing in cumulus media because they just filed for bankruptcy this past week but I don't want to lose 75% of my money again. But why do you think aropq can go up to .08 cents? I haven't been following much since I liquidated most of my stock in it.
Actually I learned a lot from this. Basically the most important things I learned, Is I do not gamble on the market anymore, I no longer play bankruptcy stocks hoping for survival or a comeback. Instead I prefer stocks I am 100 percent confident in going up, especially start up companies.
I hate bankruptcy stocks now, they go on and on and on. While in a strange way it's fun to play 1 bankruptcy, but in another way it is so annoying. The little money I might lose on here isn't really that much, but if I had put that money in other stocks that I played I would have 100 times as much on that money by now. Even if the court for some bizarre reason offers us 10 dollar per share (yes, I know it will never happen, just saying) I will still hate bankruptcy stocks. I now know why smart investors cash out and walk away as soon as a stock looks weak. I could of cashed out on February 1st when this was 0.075, took out my monies back with some profits. Would of been able to put that in some other hot stocks and boom. Instead I felt superstitious on this and wanted to let it ride. IMO I believe we might hit over 8 cents next week. I could set my ask now, but still won't on superstition. I am riding this until the judge calls it over. Go AROPQ !?!?
I bought into aropq right after it filed for chapter 11 last year and I thought it was gonna bounce too lol boy was I wrong. I waited over a year and after losing 75% of my investment I cut my loses, and for good reason cause it went down further. By the way, take note that aropq became aro liquidation as in they Simon property group and General growth properties, who bought aeropostale in bankruptcy court, are going to liquidate and dissolve this company to open up the old stores lots in THEIR malls to new outlets that can actually survive and pay them their lease each month. its all about money my friend
I think the point you are missing is what about this stock will there be to keep? The assets of this are gone. There is nothing behind the ticker at this point. I think they even made that clear when they changed the name to Liquidation. If you or anyone else thinks this continues post bankruptcy, you are deluding yourselves.
Yes, I have said wait and see for "Judgement Day" several times. Mainly because the court dates have been push back that many times. Court date is scheduled for next week, December 12th! Usually when these bankruptcy stocks get closer to their final court date a dead bounce occurs. You can already see volume picking up. After the court date if the judge says the stock is worthless than everyone sells, if the stock is kept in tact, well you wait and see what happens.
I've been seeing you and a couple others say "wait and see in a few" for the last year..
I didn't say this was a sure thing, what I said is that a dead cat bounce is a sure thing! Wait and see if I am correct or not in the next 8 days.
With only 1 institutional shareholder, how is this looking like such a sure thing?
You see that 'Investment In Subsidiary' $301 million ? Those are assets not owned by the parent. So wipe $301 million off your total. Then you are getting close.
Total Net Assets = 41.334 Million Dollars as of July 29, 2017
See Page 29 (Balance Sheet - Net Shareholders Equity)
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12360202
Yes, it's true they have 217 Million in Debt
But, they have 259 Million in Assets.
259 - 217 = 42 Million $$$$$$$$
80 Million shares at 42 Million dollars equals 52.5 cents per share, however since AROPQ has filed bankruptcy and it's up to the judge as to who gets what (The Mall Group and Shareholders).
One thing for sure there is going to be a dead cat bounce and that is why volume is picking up. Anyone who buys now and sells on dead cat bounce could make money. Those who gamble may win or lose big. GLTA Go AROPQ !!!!!
They took over the stores but the company still has tons of debt it cannot pay. So shareholders get nothing. Thats the best way I can explain it.
This paragraph from their last 10-k should be plenty to show everyone that this is not going to bounce, this stock will not recover, this company will not continue in business.
"Due to the considerable time and resources that management must devote to the Chapter 11 Cases, the wind-down of the Company, and related administrative requirements, the Company has been unable to complete the preparation of its Quarterly Report within its normal review cycle and has determined that it is unable to timely file its Quarterly Report without unreasonable effort or expense."
Hi MasterBlastr,
Do stores not have anything to do with the stock price since the deal involving $243 million from GGP, Simon and Authentic Brands makes them the full owners and operators of the retailer ?
Pretty good quiet with immediate family . . .
okay, that's cool
Had a great Thanksgiving
you?
I don't remember your posts more than a few minutes . . . have a Happy Turkey !!
I already said I was "out to lunch" and
read old news. What more do you want?
Tell me why? Please, enlighten me and
show me how much you know Mr Blaster.
btw: Happy Thanksgiving
much to be thankful for
Briboy
You can DD hard but you weren't looking at the right stuff. Stores open have zilch to do with the situation. Do you know why.
Finally, someone with common sense.
I like your post. Best to you as well
Yeah I was "out to lunch" my bad
I have a better chance of learning to fly
that this recovering or at least going up
a but to make it worth it.
Stores are still open so I've seen weird
things happen before. AMR comes to mind.
take care
No not blind......hours of study
but I have studied the gamut and there
is no sure way, so it sounds like a
crap shoot. Each person has to do
what works for them..
I was in the red on this one at one
point and got greedy. Now paying
the price. No big deal.
good luck 2U
Of course I have winners. Look at GOL,
have never lost on it.
No way am I averaging down if you knew how
much I put into this one. Sad defeat.
Best 2U
*fades into the gun smoke* Time to creep back over to OCSY.
He was talking about his total account value. I misunderstood what he was saying.
It All Depends on What Happens on December 12th:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NzYwNzcy&id2=0
I still don't understand how this Liquidation Company will be at 3.00 by christmas.. What are the fundamentals that will cause this jump?
Your entire position . . oh I see.
Weeeeeeeeeee gonna be lookin at 3 bucks by Christmas
Ok but wheres the 'weeeeeeeeee' ? Please be convincing.
3 bucks by Christmas
The liquidation continues . . . no hope for commons, not even close.
The Latest MOR, Lets see what the rest of the week brings to know just how good it really is.
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NzcxOTEx&id2=0
Go AROPQ ?$?$?$
Probably ambiguity . . . I mask my comments. No I don't. Well, maybe. Uh, no. No.
You flipped this 3 times successfully between April and Sept 2016 judging by your comments (hints or ambiguity) last year as I remember. This past Saturday you gave a hint that you got back in with 400K shares. So you made 300 dollars in 2 days, but have been monitoring from the sidelines for over a year. I don't think it was you who bought today. I'm curious what tomorrow brings in volume after another extension. Go AROPQ!
Did I flip this once upon a time, way back when? I can't remember now.
Ohhh yesyes....You got in and made 10 percent already. Looks like another extension is left on the table:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NzQ4MTI0&id2=0
Looks like another extension!!!! Look at the volume today, Highest Buy Volume since May!!!
Those are my thoughts on this.
PS: I cannot reply to PM's.
Go AROPQ, I feel some money coming from this after all, but still gambling so I am not going to average down.
Ohhh noonono . . . I never got in, never will. You might say I left something om the table, but there never was a table.
Good Answer, I am going to interrupt that as meaning you got back in. This means we should go up this week. Hopefully on high volume. Should be interesting what investors think about this:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NzMzMjE4&id2=0
Go AROPQ!
Looks like whoever it was came to his senses quickly enough . . . or maybe not.
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