LATAM Airlines Group SA (ADR) (LTMAY)

[HokieHead]

Took some $0.30s here.. $0.55 not long ago.

[halbroke1]

LTMAQ $$$ JUST LOADED MORE CHEAPIES, THANKS TO THE D*MB FLIPPERS AND THE AMATURES..

[HokieHead]

Will base $0.50 area like yesterday mid day at $0.20, then see huge buying in to close. My guess $0.65-$0.70 close.

[halbroke1]

Hokie..I agree 100%, People in the Know are loading Big here, Before the Masses Find out !!!.......LTMAQ $$$ Could see $5.00-$10.00 here fast, crazy thin here, I better load More Before the Day is out !!.

[HokieHead]

Highly doubt there would be multi millions in $ volume here if the commons are not saved. This isn’t Joe Retail volume.

[WiseTrader]

people are buying because of the headline! we need to know are we saved or new shares will be issued?
October 15, 20229:55 AM EDTLast Updated 4 days ago
LATAM Airlines says it will exit bankruptcy on Nov. 3

https://www.reuters.com/business/aerospace-defense/latam-airlines-says-it-will-exit-bankruptcy-nov-3-2022-10-15/

[Invest-in-America]

LTMAQ: Helloooooo, Admiral H-B-1!! YEP, you know the score, Dude!!! Bottom line, out men need BANKRUPTCIES!!!

[WiseTrader]

I am trying to look for the court documents to see the plan! are commons saved here?

[HokieHead]

Look at the price action and $ volume. That should tell you.

[WiseTrader]

it is coming out of BK, the question is, does common holders will survive? they all EXIT of BK with a new shares! we need to confirm here!

[halbroke1]

Wise..That Looks Old...Look at the date of The Post, and I dont think Hoda is a Reliable source,

[halbroke1]

Invest-in..Good To see You Here !!!..MEGA-HUGE DD, I think its Coming Out of Bankruptsy....Many Investors Will Lose-Out Huge here, if They Dont Get it Fast..I think we see $5.00+ fast ..BOOM>>>Parabolic Boom.

[WiseTrader]

where did you find Honda? Thanks

“New equity to be issued in connection with LATAM’s reorganization, they will transfer, exchange and/or assign their respective ERO New Common Stock. The current Commons will be cancelled.

[Invest-in-America]

LTMAQ: Already flying; whether a stock is GOING bankrupt, or coming OUT of bankruptcy, it makes no difference!!! They all FLY TO THE MOON!!!

[HokieHead]

Break $0.50 coming, afternoon should fly..

[halbroke1]

LTMAQ $$$ SEE U GUYS AT MULTI-DOLLARS...

[HokieHead]

Look like commons going to survive? Someone loading daily, was multiple $ stock prior to Q.

[krisc62]

Moving back up high!!

[jokerwild477]

will shares be gone after emergence of bk

[SriMaharaj]

Huge bid

LATAM AIRLINES GROUP SA
$0.1394

x 9800
+$0.0374 (36.67%)

Refresh Quote
Bid
0.1394 x 347342
Ask
0.1399 x 15500
Volume
422,345

[DewmBoom]

Dilution Starts on Sept. 13, 2022. Read it right here. https://www.otcmarkets.com/filing/html?id=16065665&guid=NRw-kKnxA_nXh3h

and Here:

$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. GLhttps://t.co/sbQnQJtwb4

— DewmBoom (@dewmboom) September 9, 2022

Good Luck

[Invest-in-America]

LTMAQ: The "Big Dilution" is OVER, Homeboys (& Girls)!! To dah MOON!!!!
---------------------------------------------------------------------------------------------------------------------------
DISCLAIMER: BEFORE investing in ANY stock, please consult with MY (proven) 'Personal Financial Planner', below --- Mr. D. Harry!!! And, no matter WHAT that Stock may be, Harry's ADVICE is invariably the SAME!!!

[DewmBoom]

Sold my entire position in this stock after discovering something I was not aware of in relation to big dilution coming.

[DewmBoom]

Added a small position here. Up 62% for the day. I have been watching this for quite sometimes. The price went way down on bankruptcy approval news. Which is GREAT for the company. Remember that Delta Airlines owns 20% and the very rich Qatar Airways owns 10%. This could potentially be to investors what Hertz did. I added something that I can afford to lose. This is Certainly VERY HIGH RISK. Play it safely. Good luck and follow @Dewmboom.

[Garyst]

165% reversal off lod. Amazing.

[Garyst]

What a move! -59% .11 to Green

[hondaboost]

“New equity to be issued in connection with LATAM’s reorganization, they will transfer, exchange and/or assign their respective ERO New Common Stock. The current Commons will be cancelled.

[Btown]

What happened to hertz when they came out of chapter 11

[hondaboost]

Wish you good luck to hold it till $0.001. Lol!

[81vette]

not always,go read your own books,they say depends on chapter11 or 13,this is 11, it will bring tons and tons of dilution and it will destroy the pps until r/s or other action

[hondaboost]

Hahaha, you’re so naive. It’s NOT the judge who screws the shareholders, BUT it IS the company which does.
The common shares values go Zero when a company files Bankruptcy!

If you don’t have the knowledge, go to read books.

Lol!

[81vette]

shares not cancelled,judge wouldnt screw shareholders

[Btown]

Doesn’t seem that way!

https://www.otcmarkets.com/filing/html?id=15595976&guid=hDKwknM0-dy2B3h

[81vette]

depends on the plan, i saw best for all parties statement,usually means shareholders are not screwed,thanks for your input honda,i appreciate you

[hondaboost]

LTMAQ, The current Common shares will be canceled and wiped out ?! AND NEW shares will be issued to the creditors!

[81vette]

looks like another 10X Q winner to me,judge says few details left only

[81vette]

court hearing results mon at latest

[hondaboost]

Amazing news: LTMAQ "Total revenues during the quarter amounted to US$1,959 million ($1.959 Billion), an increase of 114.5% compared to the first quarter of 2021. "

[hondaboost]

Big buying lately. Something great is brewing.

[Btown]

Do you know what is going to happen to common share holders of Latam? It looks like it’s going to come out of bankruptcy.

[Saveme79]

https://finance.yahoo.com/news/latam-airlines-judge-allow-creditor-191942080.html

[HDOGTX]

$LTMAQ Airlines bondholders in talks to supply up to $1.5 bln loan, sources say

https://newsfilter.io/articles/latam-airlines-bondholders-in-talks-to-supply-up-to-15-bln-loan-sources-say-cb42e8332e129071f268948dd8e95bd6

[Renee]

LTM changed to LTMAQ, bankruptcy, and delisted from the NYSE to the OTC.

https://otce.finra.org/otce/dailyList?viewType=Additions

[Penny Roger$]

$LFL getting close to 2x Bottom