Party City Holdco Inc (fka PRTYQ)

[Renee]

PRTYQ: BK PLAN effective. All shares cancelled. FINRA deleted symbol.

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

[RickNagra]

Oh wow. Up 244% yugely yuge oh yes oh boy oh girl.

[1manband]

The party is over. Confirmation the stock is being cancelled in the Plan now filed with the court.

"Treatment: On the Effective Date, each Holder of an Interest in PCHI shall have its Interest in PCHI cancelled, released, and extinguished without any distribution."

https://www.sec.gov/Archives/edgar/data/1592058/000119312523091600/d470560dex991.htm

Anyone holding this stock will lose 100% of their investment.

[MD3]

Volume is drying up. This should start trending down soon.

No idea why they permit companies to go to the penny stock market when they're just going to cancel the commons. It just leads to new bagholders being made.

[Grandmasim]

They have no idea what it means and throw that around on all meme tickers......what that means is Jack shi* as you of course mentioned.

[Pnypnchr]

No chit

[FORDGT]

Thank You. I use this site to get info and it does help. But I'm sure you know more than me. Looks real to me. But for your information. www.buyins.net

[surf1944]

If the shorts were in this at one time it again displays their intelligence compared to the longs, the common shares will be worthless.

[1manband]

There are no naked shorts in PRTY. You are quoting made up BS from OTCshortreport or a similar paid website that has no factual basis of any kind.

The tip off is the use of the made-up term "squeeze trigger". I suggest you learn what that means and the person that invented that term (and why). You are being played by people using that made-up nonsense to pump and dump the stock..

[FORDGT]

Does this mean the Naked shorts are now in the clear? (((((In January, 2023 the (PRTY) Party City Holdco Inc. SqueezeTrigger Price was $0.35. If you had purchased PRTY, the trade would have gained -65.20% as of today's price of $0.12. If you had traded 10,000 shares, you would currently have a gain of $-2,260.00.))))

[berdboy]

https://www.retaildive.com/news/judge-grants-party-city-immediate-access-75-million-bankruptcy-loan/640745/

[TheFinalCD]

shorts lovin this, they can cover now

[WHITTENHALLJR]

Thanks dude I’m on a sucky platform

[Soulman856]

The party is over at CBD_W!!!! Cashing out. Here at party city and moving there

[makinezmoney]

$PRTYQ: Nope..... its $PRTYQ


Works for me.......... now at $0.125



Down she comes here




GO $PRTYQ

[WHITTENHALLJR]

Can’t pull up PRTYQ on tdameritrade? Weird is there another symbol?

[surf1944]

https://stockcharts.com/h-sc/ui?s=PRTYq&p=D&yr=0&mn=6&dy=0&id=p38090673899

https://www.barchart.com/stocks/quotes/PRTY/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SYSX&grid=1&height=210&studyheight=100

https://www.barchart.com/stocks/quotes/PRTY/opinion

[bcapps66]

Was able to cut and run about 20 minutes ago on TDA

[makinezmoney]

$PRTYQ: Sweeeeeeeeetttttttt bounce to 0.23 !!!!!!!!


Yaaaaaaaaaaa boiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii


HELLO............ wuz my name ?????????????


GO $PRTYQ

[makinezmoney]

$PRTYQ: Now showing $0.10 in PreMarket

Lights are going out on alot of these stores already.

This is going to ZERO !!!!!!!!!!!!


Party is OVERRRRRRrrrrrrrrrrrrrrrr.... but maybe the ONLINE storefront will Sustain.






GO $PRTYQ

[TheFinalCD]

sounds like the $PRTY will resume on the OTC

Bearish

[Renee]

PRTY changed to PRTYQ, bankruptcy. Delisted from the NYSE to the OTC:

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

[Pnypnchr]

We can all read. SMH

[Monksdream]

So far you’ve not received any rebuttals re: what a cancelation means

[1manband]

The stock is worthless. It will be cancelled without any payment to common shareholders.

"the Company’s restructuring support agreement contemplates that the holders of the existing common stock of the Company will receive no recovery or distribution."

[WHITTENHALLJR]

Good entry lol

[BeamMeUpScotty]

I think it’s more likely that something is already in the works here which is my speculation only. But this is the first time I’ve ever seen a company file for bankruptcy and have the stock suspended 1) in pre market trading and 2) for the whole day.

This is purely a guess on my part but it looks to me that it’s possible that an offer has already been made for the company.

Usually when a company files for bankruptcy they close any retail outlets and only re-open the profitable ones and often have a fire sale to realise any money they can from existing stock.

As I say, an all day suspension says something is afoot in my view.

[gattes12]

The hearing is at 3.

#11 on the motion:

11. Debtors’ Emergency Motion for Entry of Interim and Final Orders (I) Establishing Notification and Hearing Procedures for Certain Transfers of and Declarations of Worthlessness with Respect to Common Stock of Party City Holdco Inc. and Claims Against Debtors; (II) Granting Related Relief [Docket No. 19].

https://cases.ra.kroll.com/PCHI/Home-DocketInfo?DocAttribute=7472&DocAttrName=FIRSTDAYMOTIONS_Q&MenuID=19241&AttributeName=First%20Day%20Motions

[bcapps66]

Yeah. Won't argue...but since it's going Chapter 11 (vs 7 or 13) it should go to OTC with a "q" at the end of the ticker first. But like you said...see how this plays out. Not like those holding ( I'm one of them) have a choice hahaha

[gattes12]

This isn't Hertz. But hey, let's see how it plays out.

[bcapps66]

Don't necessarily agree with you that "the party is over on this one"....one example Hertz.

[gattes12]

Yep. The company will be making the formal announcement while trading is suspended and the stock is delisted.

The party is over on this one.

[bcapps66]

Not necessarily true....It will reopen. It's halted with a T1 - Halt - "News Pending
Trading is halted pending the release of material news." versus a H10 - Halt - "SEC Trading Suspension".

[gattes12]

It won't. Trading is suspended.

[Laszlo1]

When will it unhalt???

[crowin]

I flip stocks daily.

[DeafTrader2]

All the shares that you are holding this stock is wiping out . Done .


Am I correct ?

[crowin]

Party City Holdco (PRTY) was more than 10% higher after saying it has reached an agreement with a group of noteholders to help restructure the company to reduce its debt and optimize its capital structure and liquidity.

PRTY HALTED NEWS PENDING

https://www.nasdaqtrader.com/trader.aspx?id=tradehalts

[bcapps66]

That's what we're hoping for ;)

[MightyX]

Epic short squeeze?

[alchemytrader]

DJ Party City Bankruptcy to Wipe Out Shareholders -- Market Talk PRTY 

https://finance.yahoo.com/news/party-city-files-bankruptcy-pandemic-040054291.html
Halted. Will likely open at .10

[crowin]

.3386 for the flip

[crowin]

Its party time in Party City again!

[TheFinalCD]

welcome2my WORLD

[bcapps66]

I sold low .30s right before it popped.... figures

[alchemytrader]

it closed @ .283 its actually up +AH

...and i should have tried it long.

[alchemytrader]

came here to post that.