News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$WEJOQ: Charts: Previous runs by QStocks (CYXTQ,LHDXQ,PEARQ,PRTYQ,VNTRQ,VORBQ):
Z
ARIOQ Commons stay 
BOOMTIME IMO.
ARIOQ
Thanksgiving Holiday Best Wishes to all board friends!
Hey Lone Wolf, I've gotten away from the q's the last few years. I'm convinced there is a catastrophic economic collapse in the not too distant future. Policy wise, nothing has changed since those glory days (for us Q traders!) of late 08 and 0-9 period. If anything it's a lot worse. Consequently, I'm putting everything into physical silver.
As tempting as it is to get in on the next big wave of Q's, paper money is best spent right now on tangible assets. Awesome percentage returns on the q's won't mean much in a hyper inflationary environment. Anyway enough sermonizing.
It would take hours to backtrack those two Q's but on the surface it looks like Seaco is gonna gut the holding company, dump as much Sea Containers Ltd. debt as they can (and as much IT debt as they can get away with) into the holding company and emerge as a private entity with the major Sea Containers Ltd. stakeholders as the redefined stakeholders in the new IT company. Might issue new stock in the equivalent percentages if it stays public which would accomplish the same thing. I suspect current equity will be jettisoned with the rest of the debt.
I don't know about the other one. I don't have time to really check it out.
You know the drill. Never throw more into the Q's than you are prepared to lose if it goes wrong. The vast majority of them do. Pilgrims Pride and Chemtura were 4 digit exceptions to the rule of course, but even those guys had to know when to bail. Please keep in mind I can't give it the time it deserves so my opinions aren't particularly steeped in research LoL! Good luck with it, I hope you make a pile of cash! 
Not familiar with BPZRQ, but the debt to asset ratio is positive, which is a good start. The typical death drop usually signifies the exit of institutional investment which is the key to the whole thing. If they bailed, it looks rough. Have they announced approval of a POR, interim financing? If not, those typically are good for a PR bounce.
I didn't see any mention of current equity in the Q announcement. A reference needs to be made at some point. Important not to let them confuse the issue with the old "stakeholder" dodge (as opposed to shareholder). Announcement of an equity committee would be a positive for current equity, especially if institutional investment bailed.
You're a pro with the Q's Iron Maiden, so I'm not telling you anything new LoL! I like the looks of these guys and they could be a good way to pick up a nice O+G play on the cheap, and if nothing else there should be volatility opportunities playing the bounces.
Best Easter Wishes to the Q Stock Traders!
CANMQ 006 10M O/S >> breakout position >>
UFFCQ - UFood Restaurant Group, Inc (.0024) up 71% today!
Initially announced reorganization in December 2012 http://www.ufoodgrill.com/
(special thanks to Iron Maiden)
UFFCQ 002 48M OS >>>> volume & chart looks awesome!RADAR
|
Followers
|
226
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
9931
|
|
Created
|
05/05/09
|
Type
|
Free
|
| Moderator TrevorInAustin | |||
| Assistants Greta Grabo JJdivini | |||
~ Q STOCK TRADERS ~
Our stocks may be "up da creek" with a Q, but they are working their way back...and some get downright HOT & are taking us traders along for the ride :)
**Mods**
What Every Investor Should Know
(A MUST READ)
What happens when a public company files for protection under the federal bankruptcy laws? Who protects the interests of investors? Do the old securities have any value when, and if, the company is reorganized? We hope this information answers these and other frequently asked questions about the lengthy and sometimes uncertain bankruptcy process.
How Are Assets Divided in Bankruptcy?
|
Federal bankruptcy laws govern how companies go out of business or recover from crippling debt. A bankrupt company, the "debtor," might use Chapter 11 of the Bankruptcy Code to "reorganize" its business and try to become profitable again. Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court.
Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors.
The investors who take the least risk are paid first. For example, secured creditors take less risk because the credit that they extend is usually backed by collateral, such as a mortgage or other assets of the company. They know they will get paid first if the company declares bankruptcy.
Bondholders have a greater potential for recovering their losses than stockholders, because bonds represent the debt of the company and the company has agreed to pay bondholders interest and to return their principal. Stockholders own the company, and take greater risk. They could make more money if the company does well, but they could lose money if the company does poorly. The owners are last in line to be repaid if the company fails. Bankruptcy laws determine the order of payment.
A company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. In most instances, companies that file under Chapter 11 of the Bankruptcy Code are generally unable to meet the listing standards to continue to trade on Nasdaq or the New York Stock Exchange. However, even when a company is delisted from one of these major stock exchanges, their shares may continue to trade on either the OTCBB or the Pink Sheets. There is no federal law that prohibits trading of securities of companies in bankruptcy.
Note: Investors should be cautious when buying common stock of companies in Chapter 11 bankruptcy. It is extremely risky and is likely to lead to financial loss. Although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares. In most instances, the company's plan of reorganization will cancel the existing equity shares. This happens in bankruptcy cases because secured and unsecured creditors are paid from the company's assets before common stockholders. And in situations where shareholders do participate in the plan, their shares are usually subject to substantial dilution.
If the company does come out of bankruptcy, there may be two different types of common stock, with different ticker symbols, trading for the same company. One is the old common stock (the stock that was on the market when the company went into bankruptcy), and the second is the new common stock that the company issued as part of its reorganization plan. If the old common stock is traded on the OTCBB or on the Pink Sheets, it will have a five-letter ticker symbol that ends in "Q," indicating that the stock was involved with bankruptcy proceedings. The ticker symbol for the new common stock will not end in "Q". Sometimes the new stock may not have been issued by the company, although it has been authorized. In that situation, the stock is said to be trading "when issued," which is shorthand for "when, as, and if issued." The ticker symbol of stock that is trading "when issued" will end with a "V". Once the company actually issues the newly authorized stock, the "V" will no longer appear at the end of the ticker symbol. Be sure you know which shares you are purchasing, because the old shares that were issued before the company filed for bankruptcy may be worthless if the company has emerged from bankruptcy and has issued new common stock.
During bankruptcy, bondholders will stop receiving interest and principal payments, and stockholders will stop receiving dividends. If you are a bondholder, you may receive new stock in exchange for your bonds, new bonds, or a combination of stock and bonds. If you are a stockholder, the trustee may ask you to send back your old stock in exchange for new shares in the reorganized company. The new shares may be fewer in number and may be worth less than your old shares. The reorganization plan will spell out your rights as an investor, and what you can expect to receive, if anything, from the company.
The bankruptcy court may determine that stockholders don't get anything because the debtor is insolvent. (A debtor's solvency is determined by the difference between the value of its assets and its liabilities.) If the company's liabilities are greater than its assets, your stock may be worthless. Contact your local Internal Revenue Service (IRS) office or call 1-800-829-1040 for information about how to report worthless securities as a loss on your income tax return. If you don't know whether your stock has value, and you can't find a stock or bond price in the newspaper, ask your broker or the company for information.
Full Story: http://www.sec.gov/investor/pubs/bankrupt.htm
DISCLAIMER : By posting or reading this board or subscribing to the email alerts from this board you are accepting the sole responsibility for your own investment decisions. Beware that posters on not only this message board but other message boards not limited to iHUB may be increasing or decreasing their share positions in a security regardless of what they are posting and/or may be compensated in some way from a company or 3rd party investor in the company mentioned in the post. Assume that any security mentioned by a poster (anyone who writes a post) on this board is owned by that poster. Always do your own DD, make your OWN investment decisions, never borrow money to buy penny stocks, and always remember that all penny stocks are highly risky - they are pennies for a reason. By Visiting this board you acknowledge that you understand the risks of investing in the stock market,that you have done your own due diligence,that you accept full responsibility for your own choices as it pertains to your investments or investment decisions you have made for others. NEVER INVEST IN A PENNY STOCK UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. The information in this message board is provided solely for general opinionated discussion and informational purposes and therefore should not be considered complete, precise, accurate, or current. No statement within this message board past, present, or future should be construed as a recommendation to buy or sell a security or to provide investment advice. Past performance is not indicative of future results. Trading securities and options involves extreme risk and professional guidance. Moderators do not give specific trading advice nor claim that a thorough analysis of each security mentioned has been conducted. We are not Financial Analysts, Investment Brokers, Financial Advisors, Guru's or any sort of professional that would be deemed as an individual someone would rely upon for investment advice. You should discuss the asset allocation and risk tolerance level which is appropriate for your personal financial situation with a professional financial planner / adviser. You should also not make any trades or decisions based upon anything said or written on this board or any board by a poster of this board with regard to investments without consulting a professional financial planner/advisor. Always assume at all times that the moderators of this board may have a position in any of the securities they mention and could be buying or selling. You are responsible for your own decisions regarding your investments. The Moderators of this board or any board he/she/they are considered to be a part of are under the umbrella of this disclaimer regardless of what board they have been affiliated with in the past, present or future or what investment at that time they posted comments on.
Harvey Organ
|
Posts Today
|
0
|
|
Posts (Total)
|
9931
|
|
Posters
|
|
|
Moderator
|
|
|
Assistants
|
