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Icahn isn't done. My thought has always been he's behind 6th Street. We'll see. At this point, as you stated, no one can get out or in right now. No short can close their position regardless of what they say here. Yes, they can use the profits from their shares sold short, however they cannot close. So, give some situation where this is an equity offering or cash offering, they are not looking so great. For now, they rejoice, but the smart ones are concerned. Their risk is truly infinite. I get it when the stock was trading. Bash us, make us feel dumb along with worrying our investment is going to zero. However, now the bashing makes no sense. It's over, right? right? RIGHT??
Negative. If it was over we'd have no shares or the value would read $0.00. Not the case currently.
We'll soon see. I heard this morning loaned out shares are being recalled?
I think the judge even said today, "How do you know this is a liquidation and not a reorganization?"
The trap has been set. Will it spring?
Uber, do you hold any short position on the stock? I've been 100% honest with you. Tell me if you aren't short, why hang out here? It isn't to enlighten me as you claim. For you are falling on deaf ears. 150k invested at the age of 33. I recover from this easily. Heck, in a few short years, actually. So, once again, I am not worried if it truly goes to zero. I am actually more curious about the motives shown by you and a few others at this point
Not so sure about this. I'll wait for the confirmation once the shares are zeroed. For now, I just don't quite think this is over. I'm just a dumb crazy primate though. Why bother corresponding with me?
Shorts can not close right now. You know this already
You got it. I think he actually called me one of the crazies! God, you're so good
Court hearing today at 2pm.
Have been in the play since August/Sept of 22. The FUD and badgering is normal. We're crazy if you look at this play from the surface. I actually understand where they're coming from in that regard. However, I have an unwavering conviction that we're seeing a transformation from what we once knew.
Called TDA again and mentioned the cash and or new equity that everyone is discussing. They mentioned it as a possibility, but they're wanting instructions from the company itself and couldnt digress any further.
Big if true. However, I won't sell a share at $25 like the speculation has posted. If this happens like you and I think we'll see triple digits easily. Call me crazy though 😜
My friend, my only regret at this very moment is not taking the last 10k I wanted to put in and load up before Friday.
Didn't want to do a wire to make funds available sooner due to work obligations. Would have been nice to load up another 125k shares. Would have done wonders for that cost basis, but oh well. I think we'll do just fine in the end 😎
Schwab - 075896100 with 11k shares @ 0.19
TDA- BBBYQ with 95k shares @ 0.0789
Dang, that sure stinks. Also, there is a way to get the shares DRS in your name for that pretty wall decor. I have a handful, but not counted in my 106k.
Spoke with TDA and the rep stated they are canceled and awaiting instructions on what to do with the shares. There was conversation regarding an equity swap as well. Oh the possibilities, 1manband!!
Time will tell!
Also, you guys keep thinking that I am starstruck over this going to zero and shares being canceled. I've mentioned before IF this happens I am living no different. This was 100% a gamble and I knew that once it went BK.
Looking forward to the dust settling and knowing if I was right or wrong. The difference between you and I is that if I lose, I'm out 150k. If you lose, your short position could get pretty costly to exit...
Cheers!
Promise to give you a call when they go to zero and the 106k shares I have disappear! Until then I hold.
Lots of talk of new equity, buyout deal, ect. Im sure it's a bunch of hoopla, but for now I'll inject the hoping straight to the main vein
Yep, still holding 106k. Thought they'd be gone today, poof, right?
Y'all still have shares? I thought we'd wake up and see nothing there???!
Or was it in the docket that they canceled shares for employees that weren't issued yet? Idk what I'm talking about though. Right Janice?
Sitting with 106k.
Too bad they'll be worthless here soon, huh? We probably should have sold Friday ;)
Funny how they care so much about our well-being and us losing our investments. Never met such a great bunch!!
That's me. I'm that dumb.
Talk next week
Lol, you're talking about food banks? Lol
Unfathomable for a low level paid shill like you to have 150k to throw at otc, but it wasn't thrown then. 100k August 22. The rest bought around .20-.30
I'm crazy, until I'm right? Right?
You're absolutely correct! Nothing gets by you! Shares are canceled.
Not deleted
Cheers!
Appreciate the prayers!
Thankfully, I have earned my way up to have the ability to invest 150k here and not stress about it at the age of 33. I have communicated with my wife and we're completely ok losing every penny we've put in. You see, this isn't life savings, but rather fun money.
I ask one question. If Janice is so smart and wise, why does she have so many posts on a message board, lol? Most of which are badgering individuals about their investments? If Janice knew as much as the few seem to give her praise for, don't you think she'd be a little bigger than a message board?
MAYBE this isn't my first bk? Maybe you all have me wrong and I know a little more than I've lead on? New shares will be in my hands soon enough.
Bets are placed. Let the best win! Cheers!!
I'll have 2. Promise to toast to you!
You're right. My fault. Getting hammered with love over here :)
Let me guess... you hold a massive short position? Or better yet, you don't. You get paid 0.10 a response ? Lol, gtfo
I promise to work on it! Uber you've been a gentleman/woman. Appreciate that. However, over the weekend we'll see more 8ks and filings stating a reinsurance of shares.
You live on message boards. Wonder why? You're funny:)
Short **
Lmfao, yes. Good one. I'm a 5 year old on a message board. Lol, fafo bud
Did you shoet the stock? Please tell me you didn't short and hold unitl this weekend..
Lmfao, I'm the crook?!
You should give up :)
Sorry, celebrating! Shares canceled isn't a bad thing. Was needed for the next step. Cheers mate!
Game over. We won
We won
You're correct. First timer here. Feel better about yourself? Why comment at all? Harassing? I think so
Crazy % gains today. Dockets are coming through constantly. Still no hope? I'm not sure why I always go with the 8 leg parlay, but it sure feels like this might be closer to hitting a 32 legger if something were to come to fruition. I am waiting to either see an amended plan or my shares disappearing.
Those cats on Reddit definitely are a crazy bunch. However, I am soaked in the Kool-aid enough at this point to hold on for the ride. Appreciate your responses
Did you check out the latest dockets today? Some real interesting Time Descriptions in there! Spending quite a few hours going over stuff you wouldn't go over if you were canceling shares. Once again, you know my position and am just hopeful it won't all go to waste like most think here. All of this is very curious. Few more days and we'll know everything. Cheers!
Bought into the company after Ryan left in August of 22. A week later, our CFO committed suicide... Since have obviously lowered cost basis quite a bit, however still underwater. At this point, it makes zero sense to sell in the 0.001% off chance the bull thesis comes to fruition. I can live with the loss, but I couldn't live with myself if this takes off like the bulls want it to. Expensive lesson, a lot learned.
At the end of the day, I hope I'm right, but no ill will towards any of the bears. Thankfully, I'm 33 and have a lot of time to make the money back. Cheers!
I'm doing pretty well! Thankfully, I have some good risk tolerance and didn't mortgage the home. I appreciate you checking in!
Until I sell, shares get wiped out completely, or I get forced to close I haven't lost a dime yet, right?
150k was for the lottery ticket. I can afford to lose it, but couldn't afford miss this opportunity.
My man, we're sitting on a goldmine