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spoke again to an employee-- FWIW-- no change- not sure what will happen- he did report- progress as if there is no BK11.
FYI info from a co' customer.
1. INVOICE Pay address has changed for new invoices.
2. Could NOT get delivery on certain sizes(half pint cartons)
The carton supplier stopped shipments( temporary I hope).
Will have additional info Mon.
DFODQ looking for a bottom. Did it find it today? Maybe/maybe not.
Not going to argue-- Did you read MAYFIELDS portion of report?
None of Dean foods is profitable that is why they are in Bankruptcy. They do have value along with liabilities and this is what will be revealed over the next few weeks and months. Enjoy!
I did speak to one of the Mayfield employees- he is aware of what is happening and had info concerning Dean Foods.
His response-
Mayfield is the only portion of the co that is profitable
i do not follow the P&D guys-- just see them when they show up.
Over 7 billion in annual sales, sounds pretty darn big to me.
Yea maybe. That’s what I was thinking / wondering. I’ll be watching this close. Could see an insane run if they pump it.
Maybe their still loading shares. 90% of these play out the same and they are risky, but oh so fun.
They pumped SOUPQ , BIOAQ, and ADPTQ, smaller companies than this big company.
possibly it not a large enough co-- ie sears!
Why they don’t pump this dog? But they pump the other worthless Q stocks?
must add-- its not looking good!
any update on the BK11-- will they liquidate?? PPS down again .067
Dean Foods files Chapter 11, and only 3 posts today?
Why nobody is pumping this?
talked to an employee(Mayfileld)-- he said things do NOT look good for the continuation of "Dean foods".. Of course-- its not from management!
From 10q: Trading in our securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. We expect that the existing common stock of the Company will be extinguished and existing equity holders will not receive consideration in respect of their equity interests."
....just another bk play me thinks....will "watch" a day or 2.
I think they should start by spinning off the water division. Then if water division don't make it . It can merge with someone else or go bankrupt .
We'll see what happens, but right now it looks like they plan to sell everything: https://www.otcmarkets.com/filing/html?id=13731828&guid=MOqSUHm-zxrZOth. From the 8K.
$$$DFODQ$$$
best of luck to you!!
BTW-- TDA still has "researching" on the trade platform.
No. S/O....on this one @15. Think she'll wake back up after lunch. Imho.
DFODQ
agree- BK CH 11-- shareholders could be wiped out. 2 examples.
JGWentworth and Kmart.
JG went private- KM got bought out leaving former shareholders with ZERO
Be careful... Sentiment is still not good around here, for good reason.
$$$DFODQ$$$
did you take gains????????????? looks like its going lower!
there were some MASSIVE BUYS today. 3.4 m at .1115
very nice-- congrats
Merger?????????? TDA has "researching"?????????
IMO-- watch for some FORM 4's -- BOD buying shares-- IF the co plans to stay alive!
lets let the dust settle!!
This is not good... Looks like maybe 04's or 05's tomorrow.
$$$DFODQ$$$
very ugly! .12 and no bid support
Be careful.. This is getting ugly.
$$$DFODQ$$$
.13's now-- waiting for a dime or less!
Market cap $14M and falling.
$$$DFODQ$$$
possibly the west coast guys just realized BK CH 11
sell-off continues .142-- if it hits a dime or less-- may jump in for a trade-- lets see how low it goes.
Yep, looks like a bunch of them LOL.
$$$DFODQ$$$
wow- what a day- wonder how many stop loss orders traded?
Market cap at 15 cents is about $15M.
$$$DFODQ$$$
wow- blood bath-- single digits today ?????
nice-- looks like teens are coming
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