Moving the Shrimp to Fiji, if the plan works.
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He was fighting the tide, and started swimming away. Shark infested waters.
I'm already in GE.
Gonna find out who's naughty or nice.
The Harpex is screaming. Time for Mr. Boogaloo to get off his fat butt and find some lenders.
http://www.harperpetersen.com/harpex/harpexRH.do?timePeriod=Years5&&dataType=Harpex&floatLeft=None&floatRight=None
According to the article, that's the "average" analyst price target. They might lower the target. They often do. $3 seems a bit aggressive, but that's where it is now. R/S usually comes with a price. Most creditors want their money, not shares.
It's a reversible condition. The consumer will make the final decision. If JCP shows better than Macy's tomorrow, the pain will be reversed. The "trend" may lead to speculation beyond reasonable estimates. They said that last quarter revenue shrinkage was due to dropping the heavy appliances. Margin increases need to show up.
Yesterday's downgrade included a note that the average analyst is still at a $3 target. I-man is in good company, though the main story was the 60 cent number. I bought yesterday, regret it today. My retail sales were up, and I felt that might be a good sign for others. Of course Christmas will tell the final story, and the upcoming quarterly report won't even include Back-To-School results.
Last week the story was the creditors willing to bargain. R/S will likely include debt reduction in that format. Anybody's guess where they will cut the deal.
Funny News today, too. Story says the book is available on Amazon. Like we really want to go there?
Maybe I'm a member of an elite club who doesn't believe the FED will lower rates?
IDK. Current rates this ETF should be trading around 103, and the NAV should show that. Interest rates dropped hard on the 1-6 month bills, and that means the value went up. Doesn't seem to show in the records. I've noticed that NAV moves slow on Bond Funds in general, compared to the corresponding futures.
If you have any insight on that, help me out before I accuse the whole street of being crooked.
And then JCP should consider opening up legal offices in every store to avail the public of legal services. They could even specialize in helping people who were victimized by FAKE NEWS
If you want slightly better than Money Market rates with US Treasury backed securities, look here.
Reuters should be sued. They repeated that story within the story. The company has denied hiring any restructuring advisors.
I guess the good old days are gone. I remember when a move like this would catch a lot of eyeballs on I-Hub.
If you liked it at $4.50, you should love it now. Moving back to the mean sounds nice. Website looks good. These small centers aren't going away. Just a few bumps in the road.
Biggest item on my list is innovation. They need to innovate to compete with the other players in the market. When I see them show some technical improvements, I'm going to mortgage the farm. Web presence looks good, but they can do better.
Nice bounce off today's low. Need to string a few positive days after that. They are running the stops on fears.
What do you mean "I'm tardy?" I don't feel tardy.
Looks like a strong strategy. They have a credit line that will carry them through Christmas. If they do well this Christmas, they might make it through next summer. The Back to School tactic might mean time to school the shorts on retail. Do I get some perks for teaching?
They changed the name from FAKE NEWS to Beyond News. It's News without any meat. Stock dropped on a Fake story. Will probably recover from that, and then you can short it again unless the CEO provides some real beef in the next quarterly.
OMG! I was going to tell you guys that JCP isn't Sears, and to look forward to better performance. Today I'm not so sure. The Teach donations is taken right out of the Sears playbook. Airbags, anyone?
I just started following this, but I'm going to go out on a limb and call it a reverse merger. Still contains the word Merger. "Stem Cells" will become the public face of the company, and will have to clean up the mess.
Could still be a scam, IMHO. A lot of named technologies turn out that way. Sounds great on paper, but is it (can it be) profitable? I still have a lot of DD to do, and this site usually complicates that for me. Playing videos while I'm trying to work, pop-ups, etc.
And so we see, firsthand, the danger of FAKE NEWS on display.
I like that they defended the company, and thereby the shareholders. I just think they need to go a few extra steps. The market seems to say it, too.
IMHO they should sue that rag and recapitalize with the proceeds.
That article was clearly an attempt to defame them
Need to change the company name to "Beyond Shipping" Toxic lending without any meat.
Ancient history. Boogaloo didn't turn out to be a good pump and dump operator either. He did that almost as poorly as he ran the shipping operations.
I do miss dear Amy. I don't know if any of the others are lonely.
He Lawyer kei roto i te whare?
Marshallese translation wasn't available, so I chose Maori. Maybe the islanders are watching?
For all intents and purposes, the company went BK for lack of a productive business model due to economic conditions. Proving their self dealing and walking away with some cash might have been easier if the business had been a success.
The BK is not official, but is implied by the market price of the preferred stock, and the lack of attempts to recover value by the preferred holders
Again, Fraud is a criminal offense. One must prove intent to deceive. The self dealing was disclosed in the filings. Does one expect a leopard to change his stripes? No evidence of fraud, whatsoever.
As I also said, Fraud would make your effort simple. Just call the AG. Instead, you need a legal team to chase him down. You also might need a significant position in the preferred shares to make your effort valid.
I don't see any accusations of fraud or evidence of such in the letter. I don't see anything actionable whatsoever.
Ya know what I mean? Fraud is a criminal case. You could call the DA or even the AG. With a civil complaint involving self dealing con artists, you need to pay for a Lawyer, and you could lose your investment in that venture.
The self-dealing was committed openly, and disclosed in the prospectus. That's not evidence of fraud. It's evidence that the IPO investors weren't very bright.
It must be really easy when the company you led to international fame is failing. Same characteristic was evident in each. The business model failed. One was a cancer drug, one Algae to Oil, another was a facial recognition tech, and one was a night club. The last two seemed to intend to fail, and just pay cash to the insiders. The others just routine failure followed by grasping at straws.
I'm not sure it's all Greek culture. Another company I followed did the dilution thing over and over, probably several. I remember an Indian and a scientologist in particular. Oh, yeah, and some "investment bankers" in New York. Small house. Not a big name.
That was a bit tongue in cheek. You know the walls have ears. I was talking to the wall. The wall's name is Travis.
I think he might have done the perfect crime. People were watching it go on for years and did nothing. You wonder if any investment banks were complicit, and could be implicated. Deep Pockets are always the targets of lawsuits. What do you think, Travis?
https://seekingalpha.com/article/262849-self-dealing-red-flags-for-paragon-spin-off-ipo-box-ships
Tadlock sure is quiet for a used car salesman. Haven't heard a peep since the letter.
I guess that's a positive. More likely the shareholders would get a return from a lawsuit than a conviction of the crook. Hope Mr. Tadlock is acting on our interests as well as his own.