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.
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.
Awe
jcpnq is a going concern. In addition to tv ads they send out mailers with % savings as they have always done. They are on business and actually doing ok.
Lodas
So I sell 10 contracts for Sept 17.5 last week. Go figure!
Mark
If this is a chap11 BK and the bidder buys a going concern would the bidder then make the shareholders whole with say 4B or pay equity with the bidders stock?
Jondoe
And there is always the possibility of appreciation of the pps from now until a decision is made as to the outcome of the BK. For many investors that is precisely why they are here!lol It is called speculation.
Mark
This might get exciting!lol
Have a good night.
Mark
This might get exciting!lol
Have a good night.
Mark
Thanks for the going concern article. Pointed out the goodwill part some time ago on this board but some here rejected it as being an asset. Amazing how little people understand about assets and liabilities and balance sheets and income statements and the like.
Mark
In the next 2 weeks do you see the price per share appreciating in anticipation of a positive outlook for the disposition of the equity shares?
OTC
Hey guys this is a
n auction based on VALUE. There are dodos here that think this is a liquidation sale like a flea market setting. NOT!!!! LOL
MB
They are acting like this is a typical BK. It is not. Management went the BK route for temporary protection from creditors during stressful times. Imo here will be a bidding war here. The sharks are circling. Lots of goodwill here.
Tim
Talk about low ball! That's embarassing! Some of the leadership at these corporations are so lame. They must think this is a fire sale.lolol
Stock
Is it really going to be that simple for us investors? A stress free decision based on the acceptance by the EC of the way the court proceedings are progressing as related to the survival of equity?
Jeff
These are so miniscule.
Mark
What date?
MB
Valuations are what they are in the real world.
MB
Valuations are what they are in the real world.
Mark
What are the milestones next week?
Bingo Bob!
Just throwing it out there!!
Bingo Bob!
Just throwing it out there!!
Mark
Why isn't this pps a penny?
Mark
Why isn't this pps a penny?
Trackman
The JCP business model has concentrated on ongoing sales flyers for years. Since they are keeping a majority of the stores open, their customer base EXPECTS them to continue the program! Good marketing sense and a good indicator that there will probably be no liquidation in their plans.
Hot
COVID 19 is more contagious than h1n1 for older people and therefore deadlier.
H1n1 was more contagious for young people and therefore not as deadly. Is what it is.
We are also getting misinformation regarding the actual death counts attributable to strictly COVID 19. Unfortunately no valid data available. Show me the backup data PLEASE! LOL
BBANBOB
DAMN SHAME THE CRAP THAT IS BEING PERPETRATED ON THE COUNTRY. WAKE UP SHEEPLE BEFORE IT IS TOO LATE!
Mark
Looks very good!
Mark
Too many activities going on here to neglect the buyout scenario by Amazon. This is an excellent opportunity for Amazon to expand their footprint both brick and mortar and product line. Not too bad for Walmart either! They would gain access to market demographics that were not available previously.
Mark
Good sign imo.They have probably negotiated with JCP. Having the brick and mortar in place as well as the huge parking areas is golden!
Lodas
How about the Oct 15 calls? Lots of interest.
Lodas
How about the Oct 15 calls? Lots of interest.
Thanks Lodas!
Lodas
About time to sell some COOP! AND sell some August 15 covered calls!
Newt
The plan initially had store closings based on individual location p/l. Upon discussion with a potential bidder JCP was made aware that the bidder did not want these sites to be lost based on non payment of rent. These are still valuable to the bidder. Really cheap insurance to keep those sites open!!! amigo.
Thank you Lodas
When the market drops stocks fall duh! And some look at it as a buying opportunity. What about covered calls now?
Split T
A little history how Sam Walton initially began Smart. Pretty shrewd Arkansas boy. He would go into the hinterland and seek out distressed properties in existing strip mall that had lost one of their major tenants. It just happened that in each one of theses location there was also a midsize Kmart also in town. Sam would remodel the space offer great deals and within a few months would have filled parking lot all the time. The Kmart which was operating marginally would be gone within a year. That's how he started his empire. He didn't start attacking the major urban markets until he had built up a good revenue stream to start the bailout of his combo stores with groceries and eventually of course left Kmart in his wake. My masters thesis was describing the rise of Wmart and the demise of Kmart. I know them intimately. Wmart would be VERY well served by the JCP standalone and mall sites. Various locations that Wmart wants to expand into are frought with zoning and local municipality restrictions. JCP is already there. I know many areas in SE MI where Wmart would love to have the JCP locations. Obviously you gather I haha a lot of respect for Wmart. I have even more for a retailer known as Meijers who can go toe to toe with Wmart and has survived and in most cases exceed them!!! Interesting business retail.
Electro
Amen to that! And I would hope the Judge knows he is playing with fire if he tries any funny. Too many frigger eyeballs on the proceedings!
LG
I have been keeping up with the news coverage and no mention of the BK JCP when they talk about Amazon and Wmart. Further this is so high profile for all parties especially the bidders NO Corruption!!lol. There will be a $hitstorm that hits the fan if the creditors win. Just my opinion.
Sand
Does anyone think the plan will be accepted?
Electro
Doubt if he can so a build out for anything close to what the deal here would cost him PLUS the fing bailout time schedule. I'm in the construction arena and it's takes time big time time which gets into the time value of money and many other hurdle with municipalities that you dont have with established properties. You just repurpose them!!! Besos knows enough to keep it simple.
CB
It really would be a no brainer for Amazon. Very.little downside, imho. The standalone JCP sites would be very attractive to Amazon both for size and location. And lots of space for their delivery trucks!lol
Thanks Lodas
I will proceed slowly!lol