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I wonder how long before it fills the gap to $1.60.
Seems to be filling it, but very slowly on hardly any volume.
I live in Chile and travel often so I know that their planes are packed these days.
$LTMAQ registered 605,801,285,307 shares with the SEC on September 2, 2022. 73,809,875,794 will be placed on Sept. 13 at US$0.01083865799 per shares. Rest my case. GL
https://otcmarkets.com/filing/html?id=16065665&guid=a-w-kqpWCxaFJth
What does the board believe the above will have on the share price?
Yeah, hes a bit of a strange bird. All that I did was try to show home what I notice happens after a failed rally, namely a big downturn and he gets all bent out of shape
Lmao? Ok then. The financials came out this morning of course so may need a minute to digest and get all the profit taking over from those who shoulda, coulda, woulda sold at a buck. Settling for half but beer money anyway. I think I’m going to hang in there for a few dollars. This was a $12+ stock before the reorganization and they just “got their wings” LMAO. Lol
Hit $1? Crickets then.. lmfao.
Falling hard n fast.What's going on here? I noticed a couple of failed rallies recently
Stock Wizard called this one a week or so ago and I dropped in a few bucks at 40 cents....I was afraid when the value disappeared on my Etrade account after the end of bankruptcy Friday but thar she blows. Dipping now but running back over a dollar shortly and it really is a Blue Sky breakout just to get back to where it was 3 years ago before the bankruptcy and Covid...and figuring with inflation...OMG this is a great place to be.
Busted right through that buck and headed on up. I am so grateful I got in this one before it came out of bankruptcy. Run for the roses Baby. The sky is truly the limit here. Never was a penny stock. Come on boys what do we need $3.00 to get back to the Nasdeq...yay
Welp, I was right again. Banking.. again. Ho hum lol..
This was over $16 pre-covid. It is now in a better financial position. Sky is the limit imho.
LTMAY: Non-stop UP for several days!!! WHAT????
Definitely a little power in the hour today. This one is just doing exactly what it should do. Fresh out of Bankruptcy and running nicely without too much fan fare
Check with your Broker or the company. It appears the shares are intact but probably have a new CUSIP.....or perhaps were split downwards. I haven't read the Reorganization PLAN so I do not know how the share equity fared.
Let the board know if you obtain answers as I am curious too.
So are the commons good...My Etrade shows 0 value for my shares???
LTMAQ changed to LTMAY. Emerged from bankruptcy.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Well,she did go down the next day,then rebounded.Getting overbought right now,and don't think anyone answered the question of weather the commons will survive.GLTU!
Stoked, I win again.
LTMAQ exiting bankruptcy next week with over $10B in liquidity. Expect fireworks this week. https://airwaysmag.com/latam-group-exit-chapter-11/
Watch out for your money here. I was in this stock earlier and thought wow how attractive, until I discover this documented in OTC filing.
If we only use the 73.8B shares at current share price, the company will be worth more than all other airlines. I am always amazed how hype make stocks move higher and higher. People are going to lose a lot of money here. $LTMAQ. https://t.co/KJo98TZXSd
— DewmBoom (@dewmboom) October 22, 2022
Hate to say I told you so but.......
can't find anything formal about common stockholders survival or cancelation! anyone?
A K T I V A T E
.39s printing ... bonzaii beby lets go
Nothing to say, wrong again..
Hate to say I told you so but.......
That’s what I’m trying to figure out… there wouldn’t be all this buying If that was the case right…
LATAM Airlines Group Raised to Neutral From Sell by Citigroup
10:33 am ET October 20, 2022 (Dow Jones) Print
Matrix.. Looks like this is Different, People loading Big, Can't Hide That !!...LTMAQ $$$ Ready for Orbit, Don't be left Behind..
https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx
Are the shareholders protected during bankruptcy and after bankruptcy?
Citi upgrade
$LTMAQ ↑upgrade Latam Airlines upgraded to Neutral from Sell at Citi
— UsMarketNews (@UsMarketNews) October 20, 2022
LTMAQ...WITH DELTA APPARENTLY IN THE MIX, THIS IS ABOUT TO GO !!..Hokie..U still here.
LTMAQ $$$ ABOUT TO EXPLIDE MEGA-BIG....
Delta’s partnership with LATAM
https://news.delta.com/delta-and-latam-are-cleared-plans-develop-unparalleled-network-connecting-americas
Is this a Hoaxie? If I was a betting man,I would not be betting on a rally.I've seen this scenario hundreds of times where it rally's hard,then finishes close to the low end of the daily range.We shall see.No one can even confirm that the commons will survive.GLTA.
Lmfao. “Failed rally”? Check the chart, profiting taking day and still closed green. Will be back over $0.50 tomorrow.
so we're sure about commons staying intact?
I do not think it trades after hours https://www.otcmarkets.com/stock/LTMAQ/overview
this run is far from over. this will probably touch $1 in the morning.
lots of catalysts.
over $10.3 billion equity.
so you know the stock is probably going to run to $2 or more.
they got the financing. they are exiting bankruptcy.
NYSE listing is coming.
LTMAQ $$$ POWER-HOUR APROACHING...GOING TO RUN HARD !!!,,LOAD UP.
Thats a run got damn .10 to .50 3sessions
this is likely to run to .60 to .80 after hours.
$10.3 billion in equity.
it is really unbelievable that this stock is so cheap.
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