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Dude, this board is reflecting the slow progress at the justice level regarding unwinding, reorganizing, prosecuting and finalizing the many bank BK issues. There will be movement when this ice flow thaws.
good possibility...imho
SIXOQ vs SIXFQ ( FQ is the common )
What am I missing here with just grabbing up as many Pref SIXOQ that I can?
Anyone else following Six Flags?
Is this a mistake? currently .21 x .23 in SIXOQ
Cheers and thanks.
LEH caused my 'loss of faith'. Good luck to you all that are still believers!
Well some surely do but some don´t
The Q's suck! ~IMHO
CBCGQ looking great for next week. Had a beautiful close, HOD .024.
MESAQ starting again. Next leg up should take it over .20 IMO.
A few to watch for possible future Q plays....
http://www.reuters.com/article/idAFN0517911320100405?rpc=44
I think I may have to get on the ball. I've been so tied up with getting the yachet ready for the launch, keeping up with ordinary conflict, etc.
I can't wait until I can yurn a prolific corner along the line, but if I don't address the issues at hand, I stand to lose more than it's worth even as I watch you guys chat and get rich.
thanks to all of you whom have been and have become my friends.
For the time being, I have to perform at my level. I sorta kinda apologize for not contributing much input anywhere, fwiw.
That's what I missed. Thanks for the reminder!
Got Parlay? should be in my sig file.
LMAOFFFF !!!! next time take advantage of free advertising, for the team !!!!!
MESAQ guys... MOR had unexpected good numbers, and March could show even better news due to the high travel season.
LOL Excellent!
Still cracking up. LOL
I know it got this board a bunch of eyeballs, but someones might be bugging out shortly,,, possibly should of ended the comment w/ GOT LUBE?
Cheers
more amazing press coverage for our esteemed board here !!!!
thanks ABIGHAMMER!!!!!
http://wallstreetpit.com/22130-jp-morgan-is-believed-to-be-preparing-succession-plans
MESAQ MOR Out: GOOD NEWS!
MOR! Cash is up 11 million! Revenues are also up compared to January. Get in early on Monday morning.
607 4/2/2010
Affidavit of Service (related document(s)[577]) filed by Debra Grassgreen on behalf of Mesa Air Group, Inc.. (Grassgreen, Debra)
Debtor: Mesa Air Group, Inc.
Related: 577
606 4/2/2010 Affidavit of Service (related document(s)[605]) filed by Debra Grassgreen on behalf of Mesa Air Group, Inc.. (Grassgreen, Debra)
Debtor: Mesa Air Group, Inc.
Related: 605
605 4/2/2010 Operating Report / Monthly Operating Report (February 2010) filed by Debra Grassgreen on behalf of Mesa Air Group, Inc.. (Grassgreen, Debra)
Debtor: Mesa Air Group, Inc.
Related: none
i'm pretty stacked myself. just keep nibbling best i can. i said it before, say it again.....either i'm gonna be a big jerk, or one happy s.o.b. !!!
i'm hoping for the latter of the two !!!
Couches !!!
I'm all-in as much as I can be on those LEH C/T's
Have been for awhile.
Cheers
.24-.25 cents ask price..... just blows my mind here. slow day or not, these entities should be getting vacuumed up.
theres gonna be a lotta self-ass kicking in the near days to come.
mark it !!!!!
More like 2 dimes!
yeah it's an insult to Capital Trusts far and wide.
Get these moving!
Cheers
VSTNQ MOR came out yesterday, pps up over 6% with HOD $1.26
MESAQ has some hearings coming up and a MOR due out at anytime now.
PALM: Death watch?
Possible BK prospect in a year? Hopefully we'll have some WAMU cash by then.
http://www.thestreet.com/story/10706959/1/palm-placed-on-death-watch.html
VSTNQ HOD now 1.19, there must be news coming, up 20%.
I believe the MOR has been leaked, I do not know this to be true, but, I'd bet on it.
I can't tell you how sick I am of seeing the C/Ts around a quarter.
They should be at LEAST un buck!
wamuvoodoo says this is gonna cause a major explosion !!!
Lehman Says Unsecured Claims May Fall to $260 Billion (Update3)
March 29, 2010, 8:28 PM EDT
http://www.businessweek.com/news/2010-03-29/lehman-files-progress-report-analyzing-65-000-claims-update1-.html
I'm good with that!
UNDERTAKER: 18-0 guess who's next?????
WAMUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUQQQQQQQQQQQQQQ !!!!!
Anybody join in on MMPIQ ? This has not received much attention yet, but could have serious potential. Some basic information below.
1)Recent filing indicates over $200M shareholder equity (Meruelo Maddux Properties Inc, 3/18/10 8k bottom of page 90).
2)Equates to over $2/share ($200M divided by approx 88.1M shares).
3)Principles Meruelo & Maddux own over 50% of the total shares.
4)Taylor/TAM Fund own over 13% of total shares (many bought after BK)
5)John Maddux (President/COO) acquired 502,679 shares at .10. After BK, form 4 filed on 3/31/09.
6)With approx 63% of shares "locked up", this leaves approx 32.6M shares "max" available.
7)This Company is one of Los Angeles largest property owners & could have many eyes on this for submitting enhanced plans after the exclusive period ends.
8)Current Debtors plan submitted is not yet confirmed by BK Court, indicates equity after BK, but based on plan guidelines with owning existing equity. This plan currently discriminates against small holders, but I do not believe a BK Judge would confirm in the current format. Further hearing on this plan is scheduled for 3/31/10.
With the Insider holdings, I believe this could develop into a similar situation as General Growth Properties (GGP), Fremont General Corp (FMNTQ), Pilgrims Pride (PPC). Looking at FMNTQ, it has approx 82M shares with approx $100M equity & has increased over 50X over the last 1.5 years. When FMNTQ exclusive period ended, some enhanced plans by others were submitted which are beneficial to existing equity (I believe this may happen with MMPIQ soon).
Chart link below. Float appears to be tight as evident on price spikes in January & March with not much volume. Recent trading activity is on very small volume & still appears someone is trying to keep the price down with small sells (question trading between themselfs to promote selling, while they accumulate?). Note: Currently there are some Bashers on the MMPIQ board that confirm there is value, but is trying to promote selling while he accumulates.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39020765
speaking of VSTNQ..... maybe we should forward this to wamu's counsel for the EC, and tell him to blot out VSTNQ, and insert WMI. could be a good template for him to use.
may have to consider something to this effect with lehman entities as well !!!!!
http://ih.advfn.com/p.php?pid=nmona&article=42133546&symbol=VSTNQ
VSTNQ just keeps moving up. Up over 9% again today. Opened slightly above yesterday's close and never went below it. Very steady all day. Nice buys @ .90 in the last five minutes.
Q's heating up a little bit today. My two favorites are of course MESAQ and FGOCQ. CEMJQ, WAMUQ, and even the Lehmans are doing better today as well.
I hear ya... slow week... and a lot of holding your breath!
It's been an non-growth week for the Q's I'm following.
I'm going to be off line for most of the next 2 days.
Due to the intense and thorough interest in WAMUQ, WAMPQ, and WAMKQ that team of board members have assembled some great BK information.
I'll put them together in the ibox here over the next week.
What I have learned lately:
Paying Q's means you have to be able to hold your breath underwater for several minutes! Like WMI stocks this week and last!
But when we come up for air! Yeah baby!
Keep HOPE Alive!
J mod
HCKI News, withdraws chapt 7. Still under radar.
United States Trustee Withdraws Motion to Convert Case to Chapter 7 at March 23rd Hearing of Hackett's Stores, Inc. Subsidiary,
Date : 03/24/2010 @ 8:45AM
Source : GlobeNewswire Inc.
Stock : Hackett's Stores, Inc. (HCKI)
Quote : 0.0017 0.0 (0.00%) @ 12:45PM
United States Trustee Withdraws Motion to Convert Case to Chapter 7 at March 23rd Hearing of Hackett's Stores, Inc. Subsidiary,
SACKETS HARBOR, N.Y., March 24, 2010
GLOBE NEWSWIRE
Hackett's Stores, Inc. (Pink Sheets:HCKI), a holding of Seaway Valley Capital Corporation (Pink Sheets:SEVA), is pleased to announce that yesterday the motion to convert the case of Hackett's wholly owned subsidiary, Patrick Hackett Hardware Company, to a Chapter 7 was withdrawn by the United States Trustee's office.
David Antonucci, counsel for Patrick Hackett Hardware Company in the case, stated, "As previously discussed this is what we did anticipate, but now it is official. And we would like to again thank the United States Trustee's office for withdrawing this motion."
Company President and CEO, Herbert Becker added, "As previously stated we expected that the conversion motion would be withdrawn, and now that has happened. At this point we are in the final stages of preparing our Chapter 11 emergence plan, and we expect to present it to the creditors and the court so Patrick Hackett can ultimately emerge from Chapter 11."
Hackett's Stores, Inc. is the parent company of Patrick Hackett Hardware Company, WiseBuys Stores, Inc. and HIIO, Inc. Patrick Hackett Hardware Company has a wide variety of merchandise and business lines, including a full service paint, consumer electronics, equipment rental, brand name clothing, footwear, sporting goods and gourmet foods. HIIO, Inc. represents a concept platform for a new specialty retailer focused on fashion clothing and outerwear, footwear and selected gift items. There are currently no HIIO or WiseBuys-branded stores open.
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
CONTACT: Hackett's Stores, Inc.
H. Becker
315-393-6101
hbecker@hackettsonline.com
wow... just a little huh??? boy, a savvy opportunistic trader could have ground out some boookoo bucks on that one ... sheesh!!
thats a pretty vintage BK boy. i would hate to have owned it for a while and not been around to capitalize on it !!!
Mesa is still in play. I think everyone is just waiting for the Wamu POR, lol....
How is everyone doing?
Looks liket he Mesa did quite well.
SixFlags did okay for awhile.
Anything else coming down the pike?
Cheers
Great info. I was waiting for a day when that schyster would find himself in "Dutch".
MESAQ moving again, setting up for a good week next week, MOR coming out.
VSTNQ HOD .79, This still has great legs.
Jim Cramer's The Street is under investigation:
http://seekingalpha.com/article/194357-sell-sell-sell-sec-investigates-jim-cramers-thestreet-com?source=email
Keep his "tips" in perspective! LOL
fish, banc santander can handle it !!!! i think they were an "original" interested party, way back when !!!
Maybe He and Carlos Slim can get together with Banco Santander and work out a deal!
What guy? oh need to read eom
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Credits to the founders: Uzualsuzpect, VivaLasVegas, Chiron, Fisshon, John Gyver, and Bizreader were the initiators, i.e. those who took first action to manifest this board on January 16th, 2010
Here are the legal terms and related laws: Bankruptcy Basics: http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter11.html
http://bkinformation.com/news/dailynews.htm --- Daily Bankruptcy News
===
(Finding new BK plays can be as easy as entering "filed for bankrupty" into a google search - share your dd here and let's invest together.)
Washington Mutual, Inc. which is the holding company of the seized bank, Washington Mutual Bank:
Tickers:
Common Shares | |
$1,000.00 Face | |
$25.00 Face | |
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Links to information:
WMI Court Hearing Calendar: http://www.my.calendars.net/wmi/
Court Documents: http://www.kccllc.net/wamu
Latest Headlines:
Senate Asks FDIC for WaMu Documents
WaMu shareholders form official bankruptcy group
______________________________________________________________________________________________________________________________________________________________________________
Lehman Brothers securities
Tickers:
Common Shares | |
$25.00 Face Capital Trust Pref | |
$25.00 Face Capital Trust Pref | |
$25.00 Face Capital Trust Pref | |
$25.00 Face Capital Trust Pref | |
$25.00 Face Pref | |
$25.00 Face Pref | |
$25.00 Face Pref | |
$50.00 Face Pref | |
$50.00 Face Pref | |
$1,000.00 Face Pref | |
$1,000.00 Face Pref (Grey Market) |
Latest Headlines:
Lehman chief to fight 'unreasonable' claims-FT
____________________________________________________________________________________________________________________________________________________________________________
Mesa Air Group, Inc.
Tickers:
Common Shares |
Shares Outstanding: 175,217,000
Latest Headlines:
Mesa Air Group Receives Court Approval of First Day Motions
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DIMEQ.
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How to find Bankruptcy as it happens:
At this point it appears that nationwide BK filings can be found on an hour by hour basis by
going to: http://www.uscourts.gov/courtlinks/ (Note the BK court preselect choice) and searching by area code, which I think is the easiest to keep in mind and will cover the region sufficiently to produce search results that include the local BK courts. Then go to the BK court's website and search from there. I'm still researching this.
Top 10 cities could be split up among ten board members and each board member could do a quick search daily for new BK filings. We can be ahead of the news this way.
Los Angles, New York, Chicago, Miami, Delaware and or Utah probably have only one BK court due to population, Phoenix, Houston, Denver, Atlanta, etc.
This is from the local BK court website in my region:
"Bankruptcy cases are public records and are available for viewing in the Clerk's Office in either Seattle or Tacoma depending on where the file is located. In addition, the court's Electronic Case Files system provides access to court files via the Internet. Basic information about a case is available through the Public Access to Court Electronic Records (PACER) and Voice Case Information System (VCIS)."
===
How to find BKs as they happen continued:
"Public company's file for bankruptcy according the state laws for the state in which they are registered. They are also required to file form 8-k with the SEC. You can find additional information about bankruptcy filing at the web address below:
www.sec.gov/investor/pubs/bankrupt.htm
Typically, shareholders will find out about a company filing for bankruptcy through the news first. As far as fund managers are concerned, they are constantly monitoring the news and any filings for updates to a company's status.
Shareholders are notified if the company or transfer agent sends out a communication. Otherwise, they will typically notice because the symbol of the stock will change.
If you have any other questions or comments, please send us another secure message at anytime. We appreciate your business."
(above is cited from personal email from Fidelity.com to Got Parlay board member on 2/4/2010.)
====
The soon to be "Got Parlayed" watch list
Blockbuster MAY FILE FOR BANKRUPTCY SOON:
See the list of all Blockbuster stock ticker symbols click here.
Bizreader added this link on 2/11/10
Part of our Mission Statement here at Got Parlay is to wear our official Got Parlay T-shirt at least once a month in a public place! Think creatively ! Jestiron handles orders.
Go direct through PM instead of discussing your shirt size on the board! Thanks.
Click on the shirt and get them here:
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