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.
SLATED to be wiped out, isnt wiped out and you know it. The current plan will not pass, and you know it.
OPTIONS CHAIN IS UP ON ETRADE! 50 cent thru $3 strike! 0 bid/ask, but the chain is there!
ITS REALLY VERY FORTUNATE.
UPDATE, Atrade not accepting option orders on JCPNQ, Etrade accepts the order then cancels it.
Options not happening thus far. Anyone else try to buy calls?
AJH92 with more solid platinum DD! Hey pennyscrapper,,,what happened to the scrap yard operation you promised? LMAO!!!
PP is the denny gartman of this thread, long of falsehoods and failures.
Whatever he says, just do the opposite.
LG yes indeed. Judge Walrat and her open collusion with rosenfraud IMO, very painful to listen to.
However preferred and common shareholders did get a recovery. The same thing will happen here. Too many eyes on it, no way Jones can just sweep it under the rug IMO.
Yup, agreed. Like you said get the popcorn ready. I love the smell of burnt criminals in the mornin.
Works for me. It can be a double-edged sword if you think of it. The MM/algo/criminal naked shorts could theoretically buy up as many short term calls as possible to back up more naked shorting (just to keep this stock range bound).
If by chance they get burnt and the SP explodes upward, they exercise the calls to cover. Old strategy. Either way the call premiums would be red hot. Buy early and often if this turns out to be real.
I hope its true. Etrades server will crash with JCPNQ call buying if it is. There is no mystery here. Everyone paying attention knows whats going on.
The only thing left to decide is who will be buying the entire company and at what price.
IF this is true, which I wont believe until I see it,,,50 cent and $1 strike short and long term calls would go nuts.
IF this is true, which I wont believe until I see it,,,50 cent and $1 strike short and long term calls would go nuts.
LOL they are being screwed NOW! An auction is the only way to get FULL fair value for any large asset like this!
The 'current pink sheet' Jones/Sussberg deal you have is 26 cents a share. You think the 'buyers' are just going to cough up $5 or more if they are allowed to cherry pick for peanuts? Surely not.
Bob I share your optimism on this, but there will not be a VW style squeeze here.
An official equity committee approval by Jones would definitely torch many of the naked short sellers for sure. IDK if it would amount to JCPNQ reaching $5 or $6 per share torching, but at least a few bucks IMO.
You guys sending email messages, I dont have a paid account and cant read them, sorry.
My stance hasnt changed, EC must force a fair live auction here. That would teach all the legal and illegal shorts here a lesson once and for all.
The VW squeeze as I recall,,,I think October 2008,,,went to just shy of $2000 per share. I think it went just over $1900, going from memory.
But you have to keep in mind, VW had way less than 320m outstanding shares at the time. Something like 50 or 60m if I remember correctly. NASDAQ will never, ever again let its short selling scumbag pets be burned down like. They just wont. If they have to, they will just keep halting a stock and using pink/gray algo manipulation tactics.
This BS CH11 should be dismissed, but it wont be. Jones is a debtor tool IMO (as all have already seen), and he will simply call for 'proper changes' to be made to the current plan. No way he dismisses this case for any reason IMO. I dont GAF what Hobbs comes up with, Jones will just waffle and have Sussberg 'correct' it.
Mark, come on man. Thats not gonna happen. Bezos IMO is a cheapass scumbag, and scamazon wants to pick at the JCPNQ carcass. I should say cherrypick at the carcass, as he wants the best real estate for pennies on the dollar. Same as the other 'buyers.'
Somehow someway the only way to get fair value here, will be to force the 'interested parties' into a live auction for the entire JCP.
LOL pennyparasite shows up again, that likely means TMPS will run up hard premarket. Again.
Should be above $1 already based on all the news we know. Anymore positive news like this, just gravy IMO.
Granted. We survived with crumbs. Yes, I will grant you that crumbs beat nothing.
Im not here for crumbs, Im here for a grand slam.
Dont be arrogant. I had 1000 shares of WM before the theft. RODE IT DOWN HARD probably like you did. Kerry Killinger, aka little Lord Fauntleroy was no help to us.
Yes, we 'survived' and got crumbs so that WalRAT could bury the insider trading during the bankruptcy that tepper, starke, and rosens other puppet masters got away with. Throw the JPIG trading desk in there too, we know they were also trading the C1 bonds, and then assraped class 16 for well over 100%. WalRAT also let that happen. Remember that?
Im all for you saying whatever you want about it, and spinning it however you want. Just dont make it look like some great victory just because we 'got something'.
JCPNQ commons will also 'get something' IMO. Thats why Im here. The billion dollar question, will they get fair value REIT INCLUDED, or just a part of the failed smelly retail turd? Time will tell.
Yeah BOB, we got our peanuts, while superfraud peckerboy rosendick and the rest of his cabal (including JPIG) got away with the stolen billions. Please dont try to sugarcoat the biggest bank robbery of all time. Please, just dont.
TO THAT END,,,,Sussberg is JCPNQs version of Rosen IMO. Same lies, same BS about 'working for all stakeholders.' Pure BS, Ive called it several times. He is working for the senior bondholders and other secured creditors. Period.
For WAMUer's it absolutely sucked having a gutless leftwing jellyfish judge like walrat. JCP wont take years with Jones. He is not shareholder friendly, but he will move the process along one way or the other.
Slow breakout underway now. If you are buying, IMO its now or never.
Thats a nice piece of DD. So file a Motion for Davey Jones to start the auction at 68 cents per share. No one could argue with that.
I doubt it will happen, Im lookin to enter at 18 cents again,,,worked well last time. Might not get it,,,
Do you guys have a date with Davey Jones locker this morning? If so, wait until he is done talking, and wait until the dumping stops. That should be a good entry point here IMO.
Might be time for the AD HOC EC guys to contact Sonia Chae at SEC if they havent done so already. I'd be willing to bet she wants to settle a score with Jones after his pious, arrogant McDermott ruling on March 12.
Keep an eye on GNC, another chapter 11 filer (Delaware, I hope they dont get judge walrat), apparently assets higher than debt. Right now 81 cents.
I dont think OTCX is a 'who', I think its just an over the counter ECN.
Let the algo .0001 movement games begin.
Shouldnt even be legal to do that on pinksheets premarket since most people arent allowed to trade pinks until the open.
I think a big short was being accomodated.
IDK how well it worked, already back to .3020 x .49
AND FOR THOSE THAT HAVENT ALREADY,,LOCK YOUR SHARES with a high limit sell order, GTC!
Large Green, no offense but that question is a huge softball ready to be hit 450 feet and into the parking lot.
The so-called debtors and the bondholders they work for want the real value in this estate, aka the 'new REIT' business. They dont want the failed dinosaur retail brick and mortar business. Thats why JCP failed in the first place. Unload the anvil, and skate away with the real value, collect money to lease the properties back to the failed part of the company, and get rich happily ever after.
Chapter 11 and a shareholder unfriendly judge like Jones make this easy to accomplish. I guess they didnt count on so many shareholders standing up to the usual chapter 11 scam job.
Not exactly so. As shareholders you 'own' the company which owes debt. It makes debt a thing to be avoided IMO. As soon as creditors are in control, shareholders dont own jack in this current system.
This shady chapter 11 business needs to be totally revamped IMO.
Indeed. Im well aware of that.
And out of nowhere, we get a little 'interest' in the TMPSWs just to drive attention to TMPS IMO.
Im not fallin into that trap. Those expire in a month, and under the best conditions I dont think TMPS makes it to $11/worth calling.
Very interesting. Proves what I have been saying. Sussberg is not working for the best interests of ALL 'stakeholders'. He is working for senior bondies and creds, period.
If the US Trustee files a motion to dismiss based on this, it will be interesting to see how pro big law-big creditor shill Davey Jones weasels out of granting it and dismissing this sham.
Im pretty sure that violates the BK code, this joke should be immediately dismissed without prejudice.
IMO its likely he will drone on and on again with his usual demagoguery about 'way too much hard work' has been done by the debtor and its counselors, 'its just not in the best interests of the employees (total leftwing bullshit he and other judges use ad nauseam)',,,can't we all just get along and find a 'fair way' forward in the best interests of the estate? Wait for it,,,,,
Then, we will see what this US trustee is made of, and see if he has the balls to defy Jones and appeal to the circuit court, along with a Motion for change of venue. This can only be good for longs IMO.
Mark I havent read any JCP filings this week. Did the Trustee file something today? TIA
OT...you guys can still get into TMPS,,,hope you did when I tipped you under 20 cents.
Lets see if JCPNQ does another Friday/last half hour run again.
Dang,,who got algo-scammed out of 10k at .4604? That could leave a nasty mark.
That guy and his internet pumper lackey have NO credibility here. None. His lackey called for that 'HUGE RUN UP!' and it never happened.
I just wanna know the REAL short data here, not the crap on OTCmarkets which has been known to be wrong.
I wanna know the MM naked short data. Would like to know how many still need to cover.
Wingtrade I agree. It does indeed feel different this time. TMPS did this all on its own, with no news.
PREMARKET now .55 x .65
Maybe we see $1 today.
And just as I finished typing that, premarket bid now .60. Something big must be in the works.
PRE MARKET BUMP .51 x .60. I smell an 8k from the J hand. Some kind of news must be coming for TMPS to continue this run.
Here is my GUESS, and its only a GUESS. I think there is rumor among the DoD, that perhaps DoD should just buy out Tempus/TriStar as a quick fix to the Boeing nightmare.
There has to be a reason for our run-up. TMPS doesnt just 'do this' on its own without news. Has to be some meat on the bones.
Large Green, more proof of what I and others have been saying all along. The debtor is NOT 'working hard for shareholders.' They are trying to set up a slimy backroom deal for an inside crony at shareholder expense. SAME OLD CHAPTER 11 scam pattern, it never changes and never will.
I guess Niko and the Shek has best do a FILING FOCUSED ONLY on this, and see what Jones does with it.
Full authority full disclosure equity committee is definitely called for now.
.50 AGAIN, and NO SELLERS.
.45 x .50 21,200 x 8,400. NO SELLERS.
Hey pennyputz, hows that TriStar scrapping operation going? That was supposed to be 'all over by June' wasn't it?
How are things in the omega mailroom? 'Hear anything' lately? LOL fkndick.
Whiz u sure about that? I was thinkin at 45 cents,,,,MC of $11.75m. With 26m outstanding shares, would be $26m if we were at $1.
Still way too low no matter what. J-hand C in at 52 cents, he could be the big mystery buyer for all we know.
Anyway, TMPS worth way more than the current market cap, everyone knows it. I think we're in great shape here.
.45 x .46 34700x6000,,,,,and the volume is stopped for now. No sellers here.