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Looking for an 8k around 12/17 for closure...if not, there’s a problem.
I want to see how this ends in March.
I think that’s 3/21/21. But it may not truly be over by then.
I believe this is correct and it would be easy to figure interest on the P’s and K’s but the commons might be tricky to figure.
I think shorts will cover at any issuance of shares. This will drop and be the perfect timing. I hope I’m right.
I think shares will be released and an initial drop will occur.
When did these change? Was it recent?
I don’t think there’s any more money for objections.
Yes that’s correct, they filed the objections after the hearing showing objections resolved.
The buyers objected, you’ll have to pull it yourself. Don’t think it’s a big deal though.
Daytrading...flip and dip out.
What money? The plan says otherwise. Unless that stalking bid was just a farce.
My friend called me at beginning of Nov and said look at bigger picture. This was about saving the malls of America. Simon Group just added JCP to their balance sheet for basically free. They’ll get the DIP that wasn’t Used back. Add billions to balance sheet for under 1B. If we were in the money we wouldn’t be hovering for 1 or 2 cent today. No way.
Yes confirmation, but the BUYERS are now objecting to the plan. I’m sure they’ll work it out with so many assets available.
Simon group trading up big. Been riding it up from the 60’s.
Resolved? They were thrown out. This is just day trading. A couple pennies here and there. Unless the plan is rejected today. There is no news.
Approaching 27
Wow that’s the amount Nationstar was giving at merger. Interesting???
18 bucks
Still can’t figure how to calculate the dividend without knowing the total shares this will be adjusted too.
Have no idea what this 13D for KKR is informing us? Just list how many shares they own and voting %.
No need to cancel, they got what they wanted.
I don’t think the shares will cancel, trade like Sears for years to come. Will pop 5-10% every couple months.
Too many against 1.
That would be true if they hadn’t paid off
The other offer. But that was probably smart business.
That’s why...the narrative been written and accepted. A superb holiday season might call cash flow into question. Especially since they’ve been saying they have no inventory.
This has gotta be done before the holiday season.
Yeah it looks like clear sailing to 30 bucks. I really thought this was gonna drop to 18-20 bucks after the quarterly call. But COOP said we will do everything we can to increase the share price. And so we see.
Wondering if that’s 10 business days.
I think it may buy time. Let’s see if appeal is done by next Friday and then confirm before Good Friday.
Az, any opinions about a possible new lockdown of the country and what it could mean in terms of issues of stock. Wrong timing for COOP if we’re expecting action in the next 45-160 days.
Some sectors dropped 50% last March.
So the mother bond if finally being issued? Sometime this year? Hmmm....
One of the best post I’ve ever seen.
This needs to close by 11-20. Don’t wanna go into holiday season and possibly good sales. Fast track an appeal and deny it.
Debtors in control, maybe a few pennies to bonds.
Yes but can you still turn in form without the documents from 10 years ago?
Sale approved...
This is part of the process.
Appeal is where it’s at, not here. Watch and learn.
No other plan, what else is judge to do?
No sorry, says on the last page we are unresolved.
Wow they resolved 80% of the objections.
This is moving forward today. It will be interesting to see if the judge removes the 14day waiting period.
Not now but soon. I think COOP’s management will pull out all options to get this share price increased as quickly as possible. I’m hoping it hits 27-30 before the end of the month.
Wait till the judge approves the sale on Monday. We’re set up to fight an appeal.
But right now, they will shake many of us out.