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Took some $0.30s here.. $0.55 not long ago.
LTMAQ $$$ JUST LOADED MORE CHEAPIES, THANKS TO THE D*MB FLIPPERS AND THE AMATURES..
Will base $0.50 area like yesterday mid day at $0.20, then see huge buying in to close. My guess $0.65-$0.70 close.
Hokie..I agree 100%, People in the Know are loading Big here, Before the Masses Find out !!!.......LTMAQ $$$ Could see $5.00-$10.00 here fast, crazy thin here, I better load More Before the Day is out !!.
Highly doubt there would be multi millions in $ volume here if the commons are not saved. This isn’t Joe Retail volume.
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/
I am trying to look for the court documents to see the plan! are commons saved here?
Look at the price action and $ volume. That should tell you.
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!
Wise..That Looks Old...Look at the date of The Post, and I dont think Hoda is a Reliable source,
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.
where did you find Honda? Thanks
Break $0.50 coming, afternoon should fly..
LTMAQ $$$ SEE U GUYS AT MULTI-DOLLARS...
Look like commons going to survive? Someone loading daily, was multiple $ stock prior to Q.
will shares be gone after emergence of bk
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
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
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!!!
Sold my entire position in this stock after discovering something I was not aware of in relation to big dilution coming.
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.
“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.
What happened to hertz when they came out of chapter 11
Wish you good luck to hold it till $0.001. Lol!
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
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!
shares not cancelled,judge wouldnt screw shareholders
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
LTMAQ, The current Common shares will be canceled and wiped out ?! AND NEW shares will be issued to the creditors!
looks like another 10X Q winner to me,judge says few details left only
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. "
Big buying lately. Something great is brewing.
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.
$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
LTM changed to LTMAQ, bankruptcy, and delisted from the NYSE to the OTC.
https://otce.finra.org/otce/dailyList?viewType=Additions
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