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Only shareholders should be part of this process so I assume some people on this board don’t own shares - I am hopeful for humanity that’s some asshole doesn’t try to sabotage anything by lying and saying that they own shares when they don’t
Everyone panicking, how about everyone go check the email right now? You will see the letter
Isn’t the top bookmark posts section supposed to be about information? How come the JCPenney shareholder website and information like that is not posted?
The judge said it today. If there is equity available for shareholders they are required to do an official EC. With jcp, there is no equity available (at least the current evidence says). Buy out waiting.
Nice tweet —
$JCPNQ so if they are waiting on EU approval, the delay makes total sense. The recent AG approval makes sense. Okin settling for Ad Hoc instead of full EC makes sense.
Oh no. David Jones will not grant full EC
Oops. That guy is hating life getting yelled at.
I can’t. Go to Twitter, too with this board.
Ad hoc conversation next
I am listening.
Good lord, no posting for me today - I am terrible. Good luck all.
Wrong board
Damn. Nice read.
Why would there be another comment when he wrote these exact words? Let’s just sit back and wait.
Because the stipulation does not necessarily resolve the objections of other parties in interest, the AHEC will not further comment until the Court approves the Stipulation and Agreed Order.
Roget that
Just wait, I am just being conservative. All the Tuesday talk? We didn’t get the official EC and I can see this as sussy placating for a measly $1M while they take in $100M. Again, too many expectations all the time.
No official EC but raised budget to $1M for AHEC
There is still a court date for tomorrow and also 10/6
Court date not important tomorrow with the new docket - or it is canceled.
There is both. Please, google David Jones docket. He has 4 weeks of appts right there. Super easy to keep tabs for yourself.
3 central - Make sure you bookmark David Jones docket website - it has a full month of cases as well as call in numbers and such.
Why would you be pressing everyone here when you should be doing your own due diligence?
Yes, cause Etrade just says zero zero actually.
What platform. Not E*TRADE. Not iHub
I tweeted back at him to delete it because it is bad info.
Says 99% of all publicly traded companies. I don’t mean to bust your balls here man, really. I actually agree with you that we spend too much time wondering and hoping and wishing what is next too, much.
According to a recent Wall Street Journal report, Amazon is looking to convert former or current JCPenney and Sears stores into distribution hubs to deliver packages. Amazon declined to comment on the report.
https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/18/business/malls-repurpose-empty-stores/index.html
The question was really for some of the folks here that are bearish on this stock. It is sealed, nobody knows but intuition says it’s got to be good. Maybe Amazon, maybe not. Again nobody knows
Why did they seal the doc?
What a crazy assumption.
There is an ‘uptick’ in the bid/ask this morning. Thanks.
We all know it’s in the court filing. Most everyone already knows this and they know this is a freaking gamble, it’s real obvious this is not any ordinary chapter 11. It doesn’t seem to make sense to have an argument on this board because again, it’s a gamble. Actually the entire stock markets a gamble. All it takes is one tweet.
I threw it out there like red meat - I am in this thing to win.
A fools errand as they say
The fool says shareholders will almost certainly have their investment wiped out entirely.
Sweet, you’re posting again. Good news to all of us investors.
It is just plain and simple bullshit. Just like the Jim guy and his common go to zero deal
Capitalism is an interesting experiment. Hating amazon is analogous to hating rich people’s success that conservatives are always painting on liberals (wrongly most of the time).
Awesome post, thanks. Reminds me of the ‘08 bullshit, too. Nothing happened to the ‘too big to fail’ corps. Although the auto industry needed, used, fixed and paid back the help they got.