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LOL but but but werent we told, actually lectured that 'all stores!' are only worth 'about' $600k each? Riiiiiiiiiiiiight!
The Punter trying to keep any and all news from leaking. Unless its negative news, of course.
Here is the thing, by the time 'real news' is made public, it will be too late to buy in the .30s.
MMs gettin ready to bid higher on the JCPNQ commons than the COTRPs! LOL too funny.
LOL that would ruin the Punters day!
LG,,,notice Walmart is trying to hang in the dark and run silent. I still say that they cant afford to just sit back and let bozos steal this for peanuts. They cant afford to let Simon steal it for their current joke bid either IMO.
LG, not to mention that the PUNTERS' whole 'OPCO PROPCO' is an obvious joke, fraud, scam. Has been from the get go. Jones just let it ride.
We agree on that TenKay. Reality here is going to hit very hard. Cant wait.
Now all we need, is a REAL valuation, and not 'zero' CC account and highly dubious lowball value of the unencumbered real estate.
Lets see if any shorts blink,,,,,you never know what might happen over a weekend.
At the very least, the 2097s would have to be given shares of the new company. You cant just 'erase' debt like you can with common equity. It doesnt work like that. The UCC could force a chapter 7 IF wormberg tries that con game.
Right now at .5555 they are priced at a less than 2% recovery. I still say thats laughable, and they will do better than that once this sham ends.
I-man, do you really believe that lying, conniving cow at this point? The same con artist that gave herself an undeserved $4m bonus before filing the con job CH 11? That Jill? The same one in bed with scuzberg and the debtor OPCO PROPCO scam?
Mark, the only thing I can think of, he is trying to score a big positive with Jones. Think about it. JJ said he 'doesnt want speculation.' Definitely NOT his job to worry about where any stock is trading, but since these federal judges can do whatever they want, that doesnt matter.
So if this big pow wow does take place on 9/30, wormberg/debtors certainly wont be able to accuse Niko of illegal pumping.
Oh well, whats done is done. Wouldve been nice if he had just remained silent for now.
True that, no guarantees. Still just way out in the twilight zone when a bond with a tracking stock trades lower than a common stock scheduled for wipe out. Just insane on every level. Its almost like Citadel and the other MMs are just 'letting it hang' right now, gauging the reaction. Trying to see if anyone is even paying attention to the COTRPs.
It shows pure insanity. Commons currently priced for a recovery of appx. $100million, and COTRP pricing in a recovery of slightly more/less than $1million. Insane in any world. Looks like common core math.
Shows how corrupt these pinko MMs are, trying to suck out COTRPs from unsuspecting sucker owners that might fall for their JEDI mindfck.
LOL right now commons @ .34 and COTRPs at .33. Pure insanity. Scuzberg lies + MM fraud, and voila! Just like that junior interest bearing bonds are 'trading' lower than the common stock that is scheduled to get zip.
COTRP MM's definitely mentally challenged! LOL do the math. JCPNQ commons at 33 cents, pricing in roughly a $100m recovery. COTRPs right now at 60 cents, pricing in a whopping 2.5% recovery of about $2.5m. Laughable,,,SELL SELL SELL you frauds! Im waitin. Blast that .52 bid out of the water now. As soon as the PUNTER is forced to announce 'a settlement with equity', watch for all the bonds to take off.
Small outstanding amount only 4 million, demand not huge right now. Many not even aware of these. Easy to manipulate on the pink sheets when demand is low.
COTRP $1 x $1.19 LMAO laughable.
I dont think the powers that be here would want to risk a bankruptcy filing. Depending on where they might file, and what judge they might get, it could get very embarrassing for them. The debt is paltry, and they would have to explain what they did with the TriStars.
THEREIN lies the huge news IMO. Opening salvo toward an auction. Thats where Walsuck and scamazon will finally emerge IMO. Many including myself have been saying this all along. The mallrats are just fakers, bid jackers if you will. Opening pumpers. The PUNTER already told them weeks ago that the weakass $1.75billion sht aint gonna fly, and so davey jones allowed him to 'PUNT' again. Now they found a way to dress it up under scumbergs OPCO PROPCO scam as being 'great progress' toward the end zone. LOL whatever, the PUNTER is simply trying to stay on the field as long as he can, and milk whatever he can from the estate before he's forced into retirement.
Yeah that was long ago far away, when there were less than 100m shares outstanding. Now with 320 or 330m or whatever it is, you will never see it that high again.
LOL here goes 10kminimeuptick deleting posts he doesnt like. Again. Its very hilarious! LOL
Only 4 million COTRP outstanding.
I-man, you and I both know this shit is never gonna change in our lifetime unless CW2 dries up the entire cultural marxist swamp.
COTRP separating, ANYONE have real short/naked short data, as in right now up to date? OTCmarkets is sayin 10,700 as of 8/14/2020, thats 4 weeks old.
They could hit PAR VALUE of $25 very quickly. TD is saying ZERO short interest on these now, but I call BS on that. MMs are always naked short on BK stocks/bonds. Hard to know exactly how many shares are short.
MMs paying attention are buying now,,,$1.21. Those under wormbergs spell might not be so lucky come tomorrow.
This may not last 2 more weeks. HIT those COTRPs at $1 before the MMs catch on to whats happening.
LOL shorts will just have to guess, and take their chances! Todays action, one big step closer to dismissal IMO.
IDK yet, wait till wormberg stops running his cockholster.
That would have to mean .95 per share, and all bonds at par. If true IMO.
BOB, looks like we may find out shortly. If the PUNTER is no longer in the equation, I will be buying. My guess is, Jones isnt gonna let it go today for some BS reason.
I will pay the premium to find out. If the commons are halted for an approved BK exit today, I would get the reopening will be $1.09 to $1.24. Somewhere in that range.
COTRP buy orders being withheld. MMs will not fill $1 buy order. Try it.
LMAO and as soon as I typed that, got 100 filled at $1! LOL took over 5 minutes. Kinda figured something might be up today the way MMs were running the scam spread at the open on the COTRPs.
THE PUNTER wont just go away this easily guys,,,,look for some sort of delay/stonewall bllsht by him or Jones.
Who said anything about 'giving up'? ALL I did was state the obvious about these federal judges and their leftist swamp bias and corruption, and you went all Saul Alinsky on me? LOL wow, OK. I tell these dumbass sheeple all the time on socialist enemedia NOT to fall for the 'rules for radicals' satanic bllsht. For the record.
Stating the obvious with regards to sht that has already happened, is hardly 'CAVING'. Fixed it for ya.
COTRP gettin separation,,,,$1 x $1.10 shown earlier today. Slowly leaving the station, only 4m of those. MMs can not manipulate as easily as they can the commons with 331m.
Algo MM manipulator boys shakin the tree on it hard right now after a couple hundred dump at $1 and .71. Now bid 51 cents, ask still $1.10!
SELL SELL SELL! lol
LMAO wow BOB you are KILLIN me! You of all people, giving me this 'pie-in-the-sky' lecture about what a federal judge is SUPPOSED to do (as IF I didnt know that already, for decades now), in light of what this judge has already done?
"If a Judge sees an attorney MISSING a big legal point or fact, they can not just SAY hey dumbbell why not ask your opposition why they did this or why don't you do this......."
SERIOUSLY MAN!!!???? Jones has already filled in the blanks for Punter boy wormberg several times here! He did it blatantly during the McDermott confirmation hearing on March 12!
You remember how many times Walrath did it during the multiple WaMu rosen/scam plan confirmation attempts? Yeah, I get, I know what federal judges are supposed to do. I also see and hear WHAT they do! I cant believe you posted that, seriously.
How BOB? Jones knew all this at the last hearing and refused to address it. That tells me, EXIGENT CIRCUMSTANCES or not, that he doesnt give a flip about the blatant fraud right in front of his face. He's a status-quo swampRat, and that is how he will rule. Unless a miracle happens and he is forced to do the right thing. Dont hold your breath.
Lion as you know I said from the start this Judge would not do equity any favors. Still true today. JJ is a known shareholder unfriendly judge. Those praising him are foolish. He has already shown his hand in this case.
UPTICK, with this judge, you are probably right. Enough said.
LOL didnt I just say that? I said it was paltry, but they did NOT get
'wiped out.' That means 0. They got a sorryass small recovery.
Class 16 was supposed to get 34%, and walrat etched that in stone. That was lowest preferred/creditor, they ended up getting just about 80% of that. Commons and preferreds got less.
Futhermore UPTICK, walrat the corrupt scumbag judge in that case shouldve made damn sure that Class 16/WAHUQ got 100% before any commons or preferreds got a thin dime. But, these communist BK judges are above it all, and are allowed to violate absolute priority BK rules at will.
And she only did that to make the EC charges of insider trading during that bankruptcy (yes, it was proven, the hedgie boys were caught red handed colluding with rosefraud and starke) go away. Willyboy and the EC accepted the crumbs. I get it, it was the crumbs or nothing.
Looks like you are still uninformed. WaMu preferreds and commons got shares in WMIH. You knew that, right?
Now, perhaps you didnt know that, and the 'recovery' was paltry IMO and nowhere near what it shouldve been, but no WaMu shareholders were 'wiped out.'
Look man, I hope you're right, but this is 2020 now. A long way down the road from PP and 2009. And Jones has proven himself to be a shareholder unfriendly judge. Dont really need to say anymore on it at this point. I guess we will find out eventually.
Nice comeback from the dip to $9.50,,,but how is $50 imminent? I say it will take until years end for that, if it ever gets that high. Unless BTC all of the sudden breaks thru the low $12000 levels and goes completely hyperbolic.