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Amazing DD well done! Low float with multiple catalyst. Note should be paid off by now making room for a nice run
ACRL 002 WITH NICE NEWS TODAY
72 MILL FLOAT WITH MULTIPLE CATALYSTS
ACRL GREAT NEWS TODAY AND MORE COMING
VERY LOW FLOAT ONLY 72 MILLION
http://www.otcmarkets.com/stock/ACRL/news
ACRL 72 MILL FLOAT NEWS TODAY
http://www.otcmarkets.com/stock/ACRL/news
ACRL looking thin and ready for a run here - 72 mill float wow
TIGE updated 16 mill o/s
https://www.otcmarkets.com/stock/TIGE/profile
25 mill revs for OTC QB LEAI - Tige owns over 70% of company o/s
LEAI has cc call today
https://www.otcmarkets.com/stock/TIGE/news
TIGE website under construction something going on here
www.tigrent.com
TIGE wins 5 million dollar settlement agreement
http://getfilings.com/sec-filings/171101/Legacy-Education-Alliance-Inc_8-K/#ixzz4yRCTGoe7
TIGE 16 mill o/s - updated on otc - cc today with related company OTC QB LEAI which reported 25 mill in revs Q3 yesterday
TIGE 16 mill o/s updated on OTC - 25 mill in revs for related company LEAI OTCQB
Getting loaded here
470k bidder wow
All eyes on JGWE!
MUST READ THIS !!!!! PLEASE STICKIE
JGWE has filed for Chapter 11 bk, a prepackaged form in order to restructure. This we know. Chapter 11 is bk protection in which all assets remain untouched and business as usual. Chapter 7 bk liquidates all assets in order to pay of debt and as a result, the company is done.
Chapter 11 is to prevent chapter 7. Considering new management coming into JG wentworth, its not a financial issue here, its to remove debt and build a stronger company in which 449 million of debt is wiped clean. Company anticipates to emerge out of chapter 11 in january. When that is done, you best believe this will be trading over .1 when you're making over a hundred million in revs every 3 months (over 300 mill so far this year)
RECENT EVENTS IN COMPANY
JG wentworth filed for chapter 11 before in 2009 and emerged out of chapter 11 IN TWO WEEKS. AGAIN ONLY TWO WEEKS because they secured financing. Same situation here. They already have financing secured (70 Million) - this is strictly to remove the debt!! Once all the gimmicks are done with the courts - debt wiped clean- financing kicks in - emerge of out chapter 11 bk - and back to business.
"The company filed for bankruptcy in 2009, which was exceptionally short at just two weeks. Buyout firm JLL Partners helped fund J.G. Wentworth’s bankruptcy with an equity injection and now owns about 5 percent of its shares" --> article link below
https://www.reuters.com/article/jg-wentworth-debt/consumer-finance-company-j-g-wentworth-hires-debt-adviser-sources-idUSL1N1G21JM
ALL IMO - looking long term here people are loading
Some very good stuff here. Lot of potential somethings up. Gap over .06 to fill
Company has over 300 mil in revs so far this year - 118 mill just for Q3 (3 months)
Strong close coming !!!
Wow nice ! 5 mill settlement with 16 mill o/s puts a valuation of 0.3125 !! Looks good to me
JGWE looking good
New traders in panic sellers out - float keeps churning getting ready for run imo
company emerges out of chapter 11 in January with little to no debt should be trading higher than it previously was
This is getting loaded by folks who understand whats going on.
common A shares have no equity those are voting shares not the shares we own.
People taking advantage of this dip I'm holding!
LOL why you scaring people out their shares - this is getting loaded because folks don't know whats going on
"business as usual" he said. Your shares are valuable guys
GAP FILL 06 TO 09 !! LOOKING GOOD
WHAT DID I SAY HERE FOLKS BOOMMM
JGWE Q3 --> "Consolidated revenues were $118.7 million, an increase of $49.9 million from the $68.8 million reported in the third quarter of 2016"
Plus withdrawl of yesterdays filings !
BOOM
Abby long !
PLEASE READ !!!!!!
JG WENTWORTH - not no ordinary company you're talking about legit company that posted 101 mill in revs Q2
16 mill o/s
OTC QX
Chapter 11 - bankruptcy protection - they are not filing for bankruptcy which is chapter 7 - they are filing for bankruptcy protection which will allow them to negotiate new terms with their lenders meaning they will still pay the debt but just get rid of all the interest they own
Now because they secured 70 mill in financing this will protect the company from going bankrupt
Similar thing happen to JGWE in 2009 when they filed for chapter 11 however were saved via financing and when they went public in 2013 - at one point they were trading at $19 dollars
Similar situation here - chapter 11 to reduce debt significantly - business operates normally with company unaffected and revs still coming in + financing deal
Way oversold because folks didn't understand what was going on causing panic selling and huge short position. They reported in previous press releases they are producing revenues at record highs. This is new management cleaning out debt to take this company back over a dollar/share.
I'm pretty confident Q3 will tell the story and show company is strong in revenues and maybe thats why they announced the bk prior to posting revs knowing Q3 will bring that expected drop in share price right back up. Tomorrow we find out. GL
BOOM
That would be the case if the company didn't secure 70 mill for financing bud... NEXT
Which makes this a perfect short squeeze opportunity ! Looking forward to eod and tomorrow morning
Yes they’re huge company and very active
101 mill revs so far this year
Expecting Q3 to be around 40 mill+ which will send this flying
Shorts trying to cover here and will before eod
70 mill finance deal
16 mill o/s
OTC QX
Focus on JGWE here - smart money moving in.
Q3 premarket tomorrow
So far this year 101 mill in revs and trend will continue! I’m buying what I can under 03
Lol you buy back in? Must’ve got your shares now
SQUEEZE THESE SHORTS !! Q3 COMING OUT TOMORROW
GUYS IGNORE THIS GUY - either shorting the stock or looking for a cheap entry! Hold your ground this is a legitimate company ! OTC QX OVER 100 mill revs 70 mill financing deal and 16 mill o/s
JGWE Q3 tomorrow morning ! If expectations reached this is going to fly
Lol added 026 - quit trying to scare folks for shares
That’s the beauty of chapter 11 in America. Wipe the slate clean and daily operations remain unchanged. 101 mill in revs look at Q1 and Q2 - Q3 will will be no different
I'm shocked that the price of this stock dropped to 011 - was able to load 012 and after reading more into JGWE i added 02 and even 031- I know what I own here
101 million in revenues thus far this year around 50 mill each quarter. Q3 comes out tuesday which I'm sure will be around the same ball park. Come on man.
BK way oversold here plus panic selling plus short position caused this to crash once people got a hold of it bounced off 011 and went back to 045.
This isn't no stinky pinky company this is a real legitimate company.
Reduced debt from 32 mill to 5 mill with bk plus secured 70 mill in financing. This will see its way back over .1 no doubt.
crazy stuff indeed. There was an overreaction on the bk with panic selling plus shorting causing the massive sell off. Thats why it bounced so nicely off of 011 and was easily taken up to 045. This should start to move its way back to .1 especially considering Q3 comes out Tuesday and if that exceeds expectations this is going to fly right back to .15 imo.
Excited for next couple days with JGWE !
What an insane ride today - loaded 012, 02, and 031 - extremely undervalued here
Bk was way oversold legit company posted 101 mill in revs just this year - cleaning the sheet from debt and securing 70 mill financing deal right after.
This company is no joke everyone knows JG Wentworth - this isn't some stinky pinky this is a REAL company
Excited for what monday brings when more people realize this
Any update is going to send this off - will get crazy here! Looking forward to it
Slowly churning last few days great volume and action here