J.G. Wentworth Company (fka JGWEQ)

[PNJ]

Next week dead cat bounce lol

[MOCKBA]

Is today the day we go up!? I sure hope so!

[jindal]

Hope you enjoyed your day yesterday. Now it's back to whacking the ask....glta

[pitacorp]

hey buddy, yes , correct on the downturn, and on the PM, I am probably totally wrong, but all I was saying is that sometimes they issues new shares(1-1, 1-2, whatever) of the new company for existing shareholders.....happens not to often, but happens, and maybe not here, but it was just a thought...... GL

[angelo2112]

Spot on! Last call for those .01's people will begin to wake up once this starts running above .03
Maybe they will wake up (-;

[getmoreshares]

IMO the downturn will continue!

[PNJ]

I apologize, this is based off of my own analysis and opinion.

JGWE GLTA!

HAPPY THANKSGIVING

[MOCKBA]

Would you mind sharing why you think that?

[PNJ]

Lol I think this Friday will be last call for .01s, next week will be special my fellow risk takers!

Big risk = Big rewards

JGWE$

[getmoreshares]

shorters are the peeps making $$$:LINK
Historical Short Volume Data for JGWE
Date Close High Low Volume Short Volume % of Vol Shorted
Nov 20 NA NA NA 2,669,039 696,965 26.11
Nov 17 NA NA NA 2,105,261 140,000 6.65
Nov 16 NA NA NA 3,131,121 965,683 30.84
Nov 15 NA NA NA 1,332,898 239,520 17.97
Nov 14 NA NA NA 12,328,380 5,356,422 43.45
Nov 13 NA NA NA 12,828,510 3,107,803 24.23
Nov 10 NA NA NA 23,189,198 5,135,141 22.14
Nov 09 NA NA NA 8,618 3,543 41.11
Nov 02 NA NA NA 14,435 470 3.26
Oct 31 NA NA NA 16,000 15,000 93.75
Oct 27 NA NA NA 5,900 5,000 84.75

http://otcshortreport.com/company/JGWE?index=IFCR

[jindal]

I'm in total agreement with everything you said.
Have a safe and prosperous holiday.

[angelo2112]

Happy Thanksgiving to all my fellow risk takers here (-;
May we rewarded with plentiful gains
$JGWE
Short squeeze will be epic on this low floater once ASCM CDEL & crew get caught with their pants down

[angelo2112]

Thank you my friend (-; I think those of us who took the chance and bought in are in for some serious fun here in the days ahead. In the mean time enjoy your Family and realize how special life is and how lucky we truly are
Happy Thanksgiving

[pitacorp]

I somehow cannot anything that comes out of your trap, or the brain that helps makes it move............buy, buy, buy..... and don't stop, until it goes all the way down, to .003, minimum

[Sukhoi]

Got filled the day it crashed at .013 it bounced nicely afterwards , looking to add again JGWE

[getmoreshares]

11/22/2017 0.013986 0.014 0.0125 0.0126 312,863 -0.0021 -14.29% 0.0126 4.13k 15
11/21/2017 0.01625 0.01625 0.0115 0.0147 875,374 -0.0018 -10.91% 0.0147 11.58k 51
11/20/2017 0.01895 0.023 0.0126 0.0165 2,669,039 -0.002499 -13.15% 0.0165 44.3k 93
11/17/2017 0.0214 0.0259 0.0171 0.018999 2,115,261 -0.001101 -5.48% 0.018999 40.82k 102
11/16/2017 0.028 0.029 0.019 0.0201 3,131,121 -0.00891 -30.71% 0.0201 70.5k 153
11/15/2017 0.036 0.036 0.029 0.02901 1,332,898 -0.007082 -19.62% 0.02901 42.33k 94
11/14/2017 0.032 0.0566 0.027 0.036092 12,328,380 0.007092 24.46% 0.036092 440.16k 610
11/13/2017 0.039 0.0445 0.0241 0.029 12,838,510 -0.007 -19.44% 0.029 388.76k 532
11/10/2017 0.155 0.16 0.011 0.036 23,189,198 -0.12193 -77.21% 0.036 563.43k

Nothing has changed- except the PPS-- DOWN DOWN DOWN
IMO triple zeros PPS before the CH11

[Sukhoi]

Hey puta.corp , didnt i tell you if you have a target then STFU and folow it and stop screaming like a little puta.corp, i followed mine with a 180% return suckerrrrrr!!!

[jindal]

I enjoy your post on the ticker. Enjoy your holiday break.

[BULLISHBENNETT]

I have gotten out but how the sec filling don’t add up. I might be kicking myself in the a$$ . Risk 8 out of 10

[pitacorp]

again, I have not posted here, because I was getting crapped on by all those pumpers who were telling me at .035, how it was going to pop very soon, and I do not know what I am doing as an investor.........now that my stupidity has more light upon it, do remember something, the company "may" cancel the common, but issues new shares as compensation. i have seen this happen before, usually to bigger companies like this, not micro penny stocks, that have zero value...so, if you are under, do not cry yet, this may have a silver lining,......small, but one nonetheless..........good luck you all

[angelo2112]

Terrific trading right now, sellers will all be out by next week
Then it's go time (-; I messed around today and slapped 50,000 for .0139
Just for kicks (-;

[big green tractor]

I think a half day Friday . The FAT LADY hasn't started singing yet so lets see what next week brings ! fingers crossed ...

[MOCKBA]

We still trading on Fri, not expecting big things here at this point

[big green tractor]

It's Thanksgiving of course everyone is happy it's one of the best meals of the year ! We will come back on Monday and see what JGWE has to say ... Until then enjoy the eats and family !!

Last year there was two more at our table so please take time to embrace the folks you are with this Turkey day as life is short ... The may and probably do annoy the crap out of ya but hey at least they are still here . Remember that ...

Maybe tell them " hey you know you're an arse but I'm only telling you this because I luv ya !"

be happy and enjoy!

[getmoreshares]

everyone HAPPY??? at least you know the facts!

[Big Poppa Pump]

You know we had a nice 1.5B in volume, in the OTC today. Very impressive on a holiday week like this. OTC looks to be heating up we might not even have to wait for next month for this to move.

[07up]

I hope next month we won't have to say, our money WENT away and it's not WORTH anything now.

[angelo2112]

Just messing around brother, let's all just focus on making some money and getting the hell out of here though
We should be clear for another few weeks to trade this little gem lol

[TRAPPER JIM]

The man asked me a question and I answered it.

[Havoc23]

Lol it’s more likely that commons are cancelled next week and someone is stuck holding a forever bag

[AWYSONG]

Angelo....so when does our shares become crap and we need to be out?

[angelo2112]

next week begins the crazy volatility and Bigly swings! Could even start this week but I'd bank on next week. .05 will come lighting quick, I think it took 400,000 shares to go from .017-.0265+ so just imagine what a 5-10 million Volume day will produce here..
starting to see the bigger picture now (-;

[angelo2112]

STOP FOCUSING ON THE COMMONS IT DOESNT MATTER THIS IS INSANITY ALREADY LOL!!
UNDERSTAND THE LURE IS THE SUPER LOW FLOAT WITH NO DILUTION WHICH MEANS THIS WILL FLY ONCE THE ASK SLAPPING BEGINS. Ever wonder why this isn't tanking right now?
Ever wonder why 12-13 different Market makers are on bid above .01 or right below?
I played ADPT(q) and it fell to .20 then ran to 3.00 then fell to .70 then ran above 2.00+ and then finally died off but not before all of us made a killing off it
Think outside the box a little nobody is marrying JGWE here guy's

[TRAPPER JIM]

Dead the common stock is dead. They are worthless.

[AWYSONG]

Trapper.....can you put that in layman's terms? Are my shares paperweights? or will the stock rise after everything is restructured?

Thanks!

[TRAPPER JIM]

Hello James,

You are correct, the common shares to the public equity holders will be zero.

Here is additional detail:

The secured term loan lenders have a $449.5 million claim against Orchard Acquisition and the other term loan obligors. The holding companies (i.e., the Partnership and the PubCo) have no independent assets other than their respective equity interests in subsidiaries. Therefore, no value should flow up for distribution to holders of interests in the Partnership or PubCo unless and until the term loan lenders are paid in full.


The term loan lenders will be impaired under the proposed restructuring and will recover far less than the face amount of their claims. Nevertheless, after hard fought and intense negotiations, the term lenders agreed to provide for a distribution of 4.5% of the equity in the reorganized company, or 4..5% of $145 million in cash, up to a maximum of $5.7 million, or a mix thereof, to holders of interests in the Partnership. The Partnership interest holders include the company's existing equity sponsors as well as the PubCo, which holds 55.4% of the Partnership interests and is the Partnership's managing member. Therefore, PubCo is entitled to 55.4% of the 4.5% equity being made available to Partnership interest holders.


PubCo itself has various stakeholders, including certain entities that are parties to a tax receivable agreement (the "TRA claimants") and public equity holders. The TRA provides that upon a chapter 11 filing of PubCo, an early termination payment under the TRA will be due and owing by PubCo. The claim under the TRA is a general unsecured claim against PubCo. The public equity holders have an interest in PubCo which is junior to all unsecured claims against PubCo, including the claims of the TRA claimants. The Bankruptcy Code's "absolute priority rule" requires that (absent consent of the senior claimants) all claims be paid in full before junior equity interests are entitled to a recovery. Here, the TRA claimants will be considerably impaired, and there is no value remaining unfortunately to flow up to public equity holders.
So, the bottom line is that there just wasn't enough recover to go around.

Sincerely,
Erik

Erik Hartwell

Vice President of FP&A and Investor Relations

The J.G. Wentworth Company®

Office: 484.434.2269

Email: [e-mail]

[TRAPPER JIM]

[getmoreshares]

VERY GOOD-- any info will benefit!

[TRAPPER JIM]

I emailed them yesterday and got a reply back today. They are definitely killing the common shares. I'll post the email when I get home later. He laid out what is going on with it

[TRAPPER JIM]

I don't know the first thing about how to short a stock. I already bought it at .026 and sold it on the bounce to .05s just watching for it to get ready for the next one

[getmoreshares]

one trader that was replying that I was lying-finally called the IR(or emailed)- somehow he vanished!

[getmoreshares]

wish you good luck -- just do not want traders to be blindsided with the fact that there is a good chance that anyone holding shares when the ch 11 happens-that their shares will have value.
BTW-- you must have GREAT TALENT to be making $$$ of this slump- unless you are shorting.

[TRAPPER JIM]

They are doing a debt restructuring and the common shares are being shot down in flames and left along side of the road and left for dead right. But every stock has a couple bounces on the way to no bid

[getmoreshares]

why do you buyers believe this will go up?
Everyone knows what a chapter 11 BK is-- right?

[angelo2112]

Totally agree, won't take much to run this to .05 and certainly won't take much to get to .10
I am loving the L2 action here, like we both keep saying there is a ton of interest above .01 and that's enough to keep me here to see what's behind door #3 (-;
.014-.05 is almost 350% just keep that in mind (-;

[getmoreshares]

shorters dream-- i guess!!
I do not play options-- this would be a real shorters winner-IMO

[jindal]

Okay...Thanks bro...Wish me luck...Lol

[getmoreshares]

Enter date to view previous 30 days of price history (mm/dd/yyyy): GO
Date Open High Low Close Volume Chg % Chg Adj. Close Trade Val # Trades
11/21/2017 0.01625 0.01625 0.0115 0.0147 875,374 -0.0018 -10.91% 0.0147 11.58k 51
11/20/2017 0.01895 0.023 0.0126 0.0165 2,669,039 -0.002499 -13.15% 0.0165 44.3k 93
11/17/2017 0.0214 0.0259 0.0171 0.018999 2,115,261 -0.001101 -5.48% 0.018999 40.82k 102
11/16/2017 0.028 0.029 0.019 0.0201 3,131,121 -0.00891 -30.71% 0.0201 70.5k 153
11/15/2017 0.036 0.036 0.029 0.02901 1,332,898 -0.007082 -19.62% 0.02901 42.33k 94
11/14/2017 0.032 0.0566 0.027 0.036092 12,328,380 0.007092 24.46% 0.036092 440.16k 610
11/13/2017 0.039 0.0445 0.0241 0.029 12,838,510 -0.007 -19.44% 0.029 388.76k 532
11/10/2017 0.155 0.16 0.011 0.036 23,189,198 -0.12193 -77.21% 0.036 563.43k 1,008
11/09/2017 0.151 0.16 0.151 0.15793 8,618 0.00 0.00% 0.15793 1.33k

[jindal]

Cool. But this is a great buying opportunity... A 10% drop everyday for a week at this level is no big deal to me. This is a gamble. I'm good with it bro..

[getmoreshares]

will post recent PPS history-- just so everyone can see.