Christopher & Banks Corp (CBKCQ)

[Value_Investor]

Do you know why the company turned down that $0.80 per share offering? Perhaps because they thought CBKC worth more than $1.0?

[Value_Investor]

CBKC: Well, if they have already worked out a New strategy to turn around both the revenue and profit then closing any existing store would be a bad idea! Otherwise closing more stores to preserve more Valuable cash makes great sense to both the business and all the shareholders!

[Value_Investor]

As I said yesterday this hidden gem has already Bottomed out! I just placed my selling order at the public offering price $0.80 per share! Did you pick up any Dirt Cheap shares at $0.1618 ~ $0.152 today?

I wish the company made the fast decision to take $0.80 a share Huge Buy-Out price so that we don't need to sell our shares at all!

[tdeck]

The excerpt from this article needs to change to closing this year not 2 1/2 years. they been promising store closings forever.

"A lot of things haven't been going right for the women's clothing retailer Christopher & Banks, which has decided to close between 30 and 40 of its more than 450 stores over the next two and a half years."

[RJ Trotts]

Showing some life. Hoping for a nice recovery for all patient investors

[tdeck]

Me too, I am in .40's CB nut would love to do some flipping and flopping to take care of that, at some point it will get loaded hard, they always do.

[Value_Investor]

Well, it seems CBKC has already bottomed out at the New 52-week-low $0.143 today! I didn't get any shares below $0.15 though I had buying orders at $0.143 ~ $0.1499. Thus I slapped some Dirt Cheap shares at $0.16 ~ $0.15 and I'll continue to buy up those dirt cheap shares since CBKC worth more than $0.80 per share based on a most recent Huge Buy-Out offering from a Big institution...

CBKC is a OTCQX tier (the Highest OTC Tier) stock which was just downgraded from NYSE exchange a few weeks ago!

CBKC is Hyper Oversold most recently --- from $0.66 to $0.143!

CBKC is also Hyper Undervalued now --- $0.54 per share Huge Book Value and $0.27 per share Huge Cash Value!

It is very easy for a Quick Triple Huge bounce from its New Bottom!

CBKC is currently the Cheapest stock among all its Thousands peers!

Hopefully the company will accept that $0.80 per share Buy-Out deal!

[RJ Trotts]

I like the load zone in the .10-.12 area. I know that is where I am waiting to load up. These brick and mortar retailers are having a tough go around right now. We see many of them struggling. I think some will make it, or change their business model, others will go away. I know I am watching several right now, just wanting to trade them, I am not willing to hold any brick and mortar retail stocks right now, just in and out of them.

[Value_Investor]

Yes, CBKC just created Another New 52-week-low $0.145 yesterday! The current Bottom was tested again today! Why it crashed to $0.145 from its most recent high $0.66?

What is your prediction for the final Bottom here? $0.1 or $0.05?

Anyway I would buy large amount of shares if CBKC breaks down $0.13!

[RJ Trotts]

Been a long downward spiral, still hoping to play this one for a bounce. However not sure where the bottom is here.

[Value_Investor]

CBKC just hit Another New All-Time-Low $0.15 so far! It might further crash to $0.10 as soon as this week! Sell the Pos Scam ASAP before it is too late...

[Value_Investor]

Well, CBKC just hit another New All-Time-Low $0.155 today! In the coming Four-Day-Only week it might further crash to as low as $0.10! Sell ASAP before all kinds of risks...

[Value_Investor]

Another New 52-week-low $0.161 was created so far! Will CBKC crash down to $0.1 in the coming short week? When will the Big R/S kick in here? Will the company file the CH11 Bankruptcy very soon? Why it crashed to $0.161 from $0.66 within just a couple of months? Another Sears (SHLDQ) retail store to go belly up? Why the daily trading volumes are such ridiculous low as a stock with over 38M shares OS?

The company should hire a New CEO to replace the existing one ASAP!

[tdeck]

Need to close some dead stores ladies, this CEO they got last years just really has been a huge disappointment, I figured young blood come in take the reins change shit up, close some dead stores, increase the web presence, her grans plan thus far say your planning on closing stores, say your going to work on increasing internet presence, and then do nothing but offer a RS?

No Debt only reason I am sticking with it and that I am in rather cheap, but, that's besides the point. Close some dead stores, increase cash to really throw some at the internet and be done with it.

Not bring in some real estate advisor from NYC to renegotiate new lease agreements, seriously? Just bail on them, if you cannot handle a sit down with some lousy mall guy you shouldn't be CEO and if your going to waste money on an outfit to help you negotiate, just spend that money buying out of the leases, break them and get out of the damn malls already.

This is/should be a little hip town, historic area, next to the wine shop where the retired wife goes shopping while the old man is out playing golf or whatever. la dee da type store, its turning into Burlington Coat Factory for Christ sake.

Ridiculous, okay enough talking to myself and the wall.

Peace out.

[Value_Investor]

New low $0.2271 so far! Big R/S will kick in anytime from now on... What an Huge Pos Scam!

[Value_Investor]

The Bottom $0.23 just re-hit again today! A Series Of New 52-week lows will be created very soon until it hits the final Bottom $0.01...

[Value_Investor]

The OTC Pos Scam just created Another New 52-week low $0.23 yesterday! A Series Of New lows ($0.20, $0.15, $0.10, and $0.05 etc.) will be created very soon since CBKC is a New OTC PinkSheet Penny stock currently...

Those institutions must liquidate all their CBKC shares at any price based on their rules!

Anyway comparing to its Big-Board peers (such as TRNX) or OTC-Market peers (such as ACTL) CBKC is still Hyper Overvalued now! CBKC is also Hyper Overbought most recently!

The majority of its peers (such as Sears) had already filed the Bankruptcy most recently!

[Value_Investor]

The OTC Pos Scam just created Another New 52-week low $0.245 yesterday! A Series Of New lows ($0.20, $0.15, $0.10, and $0.05 etc.) will be created very soon since CBKC is a New OTC PinkSheet Penny stock currently...

Anyway comparing to its Big-Board peers (such as TRNX) or OTC-Market peers (such as ACTL) CBKC is still Hyper Overvalued now! CBKC is also Hyper Overbought most recently!

The majority of its peers (such as Sears etc.) had already filed the Bankruptcy most recently!

[Value_Investor]

This OTC Pos Scam just crashed Another New 52-week low $0.25 today! A Series Of New lows ($0.20, $0.15, $0.10, and $0.05 etc.) will be created very soon since it is a OTC PinkSheet stock now...

Anyway comparing to the peer (TRNX etc.) big board stocks or OTC peers (ACTL etc.) CBKC is still Hyper Overvalued now! It is also Hyper Overbought most recently!

[Renee]

CBK changed to CBKC. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[Value_Investor]

The Bottom should be ZERO based on the DD Info. I have so far unless you have something different to convince me any residual value left here...

[Value_Investor]

Huge Shorting positions here! They must bet the company go belly up!

[Value_Investor]

100% Wrong! CBK is almost Worthless now due to the damaged business!

[Value_Investor]

It seems this company might be forced to file the Bankruptcy very soon based on the continuing losing business and income nightmare...

[T1aris]

CBK still accumulating!Steady UPS,higher highs&higherLows LOOKS Real nice for a friday, usually a sell day! So far so good! $cbk

[instock58]

CBK About to Breakout..COULD Become a RUNNER.See Chart, close to breakout on Daily and min.

$CBK

[instock58]

CBK Up 17% On Heavy Volume and News..
$CBK

[T1aris]

Stuck at pre breakout! Ready to run!!!

[halbroke1]

CBK $$$$ BREAK OF .40 COMING ..LOOK OUT ABOVE !!!

[halbroke1]

CBK $$$ POSSIBLE MULTI-DOLLARS..SOMETHING UP !!!! THANKS FOR THE DD..

[T1aris]

CBK Here she goes! L2 starting to dance, watch for big alerts on .40 break

[T1aris]

CBK Starting to breakout .38s going. adx cross squeezing about to burst

[whytestocks]

News: $CBK Christopher & Banks Corporation Announces Engagement of Real Estate Consultant and New Director-Nominee

Engagement of Nationally Recognized Real Estate Consultant Targeted with Goal of Additional Annualized Occupancy Savings of $4 to $7 million – Reiterates Full Year Guidance for Fiscal 2019 – Announces Allison Wing will be a Director-Nominee at 2019 Annual Meeting...

Read the whole news https://marketwirenews.com/news-releases/christopher-banks-corporation-announces-engagement-of-real-estate-consultant-and-new-director-nominee-7976226.html

[tdeck]

Finally. Thank you been a long time coming need to do more online duh, finally retail sector is getting it, focus online, boost that let the old horses in the stable die.

Hopefully CBK will up those numbers and focus on the 21st century way of doing things. Been wanting this for retail, CBK in particular, new CEO just may be proving herself worthy.


https://moneywise.com/a/retailers-closing-stores-in-2019

[zerohedge]

negotiating a recap looks exactly like that.......

[willlbone]

Back to the bottom.

[zerohedge]

we love what the management team is doing! digging in and making it happen!

[zerohedge]

because the value is around $2 bucks but the market will give them around $1-1.25 before it levels off for a while - the short term trade is to a buck.

[Value_Investor]

Are you kidding? The stock had already crashed to $0.3057! Why any stupid buyer would offer anything above $0.6114?

[zerohedge]

we are exceptionally pleased management reject the $0.80 offer the company has ample liquidity and we will sell above $1USD during Q1 2019. awesome.

#nailedit

[zerohedge]

below a certain marketcap the funds are forced to sell and the buyout offer gave them the needed liquidity to dump. year end selling because it's a NOTHING position for any fund.

we will be selling at $1USD+ before march 2019.

[Value_Investor]

Why CBK crashed to $0.4 today?

[ClayTrader]

* * $CBK Video Chart 12-21-18 * *

Link to Video - click here to watch the technical chart video

[HomieTheClown]

$$$ Buyout at .80 cents a share and they turned it down $$$ Easy $1.00 play here!!!!

[Value_Investor]

CBK created Another New low $0.3057 yesterday! It is very close to my prediction for the New Bottom. Let's see if it will hit $0.34 today? Otherwise $0.27 will be the next New Bottom...

[zerohedge]

working too hard for a penny when we are looking at a triple from here.

see you in 90 days

[Value_Investor]

Will $0.3111 be a New Bottom? Anyway CBK has bounced up 11% to $0.345 so far! Why 90 days waiting? What would happen then? Any overdue good news from the company?

Wow, CBK just hit $0.42 last week v.s. at $0.33 now!

[zerohedge]

please keep your $0.01 cent (massive price) moves to yourself until march.

[Value_Investor]

CBK created Another New low $0.3111 today! It is very close to my prediction for the New Bottom. Let's see when will it start to bounce? At what Bottom?

[zerohedge]

bro you have to wait 90 days and only broke people watch pennies a day or in this case, half pennies.