Very interesting. Thanks for posting the suit.
Its coming out of bk
Buy holding each week till bankruptcy comes late spring and the are expanding here in North Port florida
Real simple reason its up. look at chart and it jumped when short interest became a big deal. This outfit has short interest out the wazoooo. I'm surprised it stopped at .70. Im out again it took all day to dump 25k without slapping the bid. Some MM is trying to fill a short order in a big way is my opinion
I have been buying this thing since $.08... I can't believe it's still going... I have prepped a sell like 20 times so far and won't hit the button.. our shares are going to be worthless soon so how is it still going up?????
Taurus69, Have you already moved on from Frontier?
Yes, I know. Happy trigger finger.
break .20s... huh??.. :)
The speculation has been that first quarter of 2021 FTRCQ will emerge from BK, with commons likely being wiped out. There are however, no specific timelines.
Anyone know when this goes away????
Trying to figure out how this moved 50% today on no news. I found it remarkable but for whatever reason, there's no chatter in this room, at all.
One outlier on twitter is just speculating it's because FTR will eliminate half its debt. I will need to see that corroborated. Given the timing and the bid/ask spreads, I think it's more likely that the selling pressure from tax loss sales has finally let up, resulting in a short term reversal.
I saw the price action today as an opportunity to reduce my position at 0.18 and take my 50% gains. I do not expect it to break .20s now but more likely to give back all gains achieved today so I pulled the trigger and sold mine. We'll see.
So after hearing from a couple of friends that are more expert in the field of DD, and I am just a lonely chartist, I have decided this one is not for me. Here is what one of my contacts posted.
Once the whole procedure completes, the shares will become worthless. I mean, completely worthless paper (or computer bits) as in "even toilet paper will have more worth, because it has actual use". If you want the new company, you will need to buy their Senior Notes bonds (these holders will receive the new company). Or wait until they emerge and buy them on day one.
The chart on FTRCQ is sitting at great support area right now...
Sorry its been many years since I posted a chart on Ihub, and forgot how to do it... Here is the link for support and resistance levels.
master i have a question, if this stock is going to disappear after the bankruptcy why the hurry to buy or buy at all. is this stock just a good day trade stock? i didn't understand all the buying yesterday.what was the driver behind it? appreciate your incite.
Guessing tomorrow will be .185 in the morning then close at .15.
Hope I'm wrong
Wow Quite a Move! Now What?
VNDM who is clearly short just crashed the balls out of it
~I’m sure some of it is.
freakin rocket ship!!!!
not dead anymore!!!