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5/8/2020 pop today .148. Does anyone know if GR finally pulled his head out of his ass and told SEC whatever the F it is they wanna hear?
Well well, we agree on a few things for a change. Yes, jellyfish should stop hiding under her desk and say something. ANYTHING. The longer she stays in stealth mode, the longer shorts will continue to slam and pin.
Saw that, baffling. Jpig the ever generous raised their joke 'target' of $5 to $8 and that was called an upgrade.
I dunno about waitin on $5 Iman, as he said, anything below $10 is a gift.
Oil wont stay down forever, its working its way back up to where it should be.
Dont agree with the stimulus/trillions printing either. None of that will help this company or this stock.
These zombie mallrats might get a small 'pent up demand' bump for a few weeks when they reopen. Maybe thats what the MIA CEO of JCpenney is hoping. Still too little, way too late.
BTW Temp,,,where is Soltau?
Because they owe and they cant pay. I guess jillyfish figured they were goin to chapter 11 court no matter what, why waste $12m on a payment that will be washed.
I dont want it to drag out either. I want them to just get it the F over with already so that the real trading fun can begin.
I-man, its not 'ugly' to give you common sense opinion. Telling you to get your heads on straight and form an equity committee is very generous IMO. You and I both know its necessary if longs are to receive any portion of the 'new' company.
Nor is it 'ugly' to point out when and where JCP went wrong in the past, when it was said at the time, not just in hindsight.
Sack up man! Dont get all frickin leftwing limpwrist snowflake on me!
Once they add the Q, Im lookin to hit it if they run it down to .01-.02.
LOL whatever. I havent been screaming 'fake news' all the way down. That would be you. I said it would happen, I never said when exactly. No one outside of the board knows that. Get real.
LOL! Only 1 small problem, the ball is a $12million pound shot-put.
On a serious note, I dunno why you longs want them to keep dragging this out. Let the default happen, file the Q, let all the panic dumpers dump this down to 1 or 2 cents, load a few hundred thousand shares, or a few million, wait for the inevitable pump back up to a dime or more,,,,and voila! Recover your losses.
The idea has merit, but has been bandied about for years with no luck. Leads me to believe no one needs or wants this.
LMAO and you KNOW its coming! No material facts have changed. You will owe several apologies when it finally does happen. There is no white knight coming to save you. Just stop it already. Your 'FAKE NEWS!' hysterics are really old.
This broke retail dinosaur that you are emotionally attached to has 10 days to cough up a $12 million payment, or file the Q. Is that fake news?
LOL cut it out. JCP WITH A Q is coming and we all know it. If you are doing trades in the current range, good luck. Not much movement, very range bound. When (NOT IF) the Q is added, thats when it gets wild and the fun begins. Boring .24 pinned stock for now.
Lion, I will say again. There will be money made trading this with the Q. Thats when the big money will be made.
NO CHANGE. NO DILUTION. Pennyinsidetrader boy wrong again. He also continued to babble about bankruptcy and reverse split. Wrong again on both counts.
Well I-man, all I can say there, best of luck dealing with the Charlotte commiecrats.
As far as all things jcpenney are concerned, as I just told Lion, you guys need to get serious about forming an equity committee asap. And dont just rely on the big institutional guys, as we know all shareholders are not created equal.
Likely both IMO. Lets see how it works out.
First order of business in NC, get that farleft fascist fck cooper removed by recall, or whatever means necessary. Expect more misery until that happens. The blueshithole tyrants have all shown their true colors during the scamdemic.
Now then, as far as Macys,,,,once again miles ahead of JCPQ. Two weeks or less until bankruptcy filing. Tic toc.
Who? What private group? Why pay .21 when they could potentially pay sub-pennies in a few weeks? No matter what, the senior note holders hold all the cards here. Shareholders have 0 leverage.
MM offering 51k shares at 20 cents? Awful desperation for 10+ grand IMO, especially IF thats a naked shorter. If its a pink trader from the Citadel or NITE/VIRTU desk, it makes sense. Many of those fools dont pay attention to what pink companies are really worth.
Float super tight, IMO no one with 50k blocks for legit sale at these levels.
It should be. Market cap only $7.1m at the current share price of .248.
Valuation at 14 cents was a total joke of $4m.
The pinksheet MMs seem to give Tempus little or ZERO value for their current business and contracts, without even discussing the value of the TriStars. Which as far as I can tell hasnt changed, and I say this whole
'scrapping' notion is still total bullshit. No Fn way is Johan gonna do that.
I must once again point out (the one good thing Omega's lawyers did for us IMO), TMPS annual gross revenue 'substantially exceeds' the disadvantaged
small business threshold of $32,500,000, or they were lying. We know they werent lying, because that wouldve been enough cause for GAO to deny their protest in favor of Tempus/TriStar. Everyone needs to draw their own conclusions. We have enough solid facts (without a new NAVAIR contract) for a fair valuation here.
I think you just ran the MMs and their algo's right out of town. As soon as your 5k buy filled, sell algo jumped to .253.
They might be out of 'legal supply' to sell. Then again, there is always that 'liquidity provision' of naked short selling.
COULD BE show and go time guys,,,,stay alert!
Trading desk MM/private placement IMO. I had a buy order in at .1505 when 50k slammed the tape at .15. I got nothing. OTCM is saying 22k short (I never trust that number), perhaps short finally measuring risk & time and covering?
LMAO right. Tell us about your 'newest addition' to the flying fossil
fleet now, that nice, shiny B707! When is it going to be ready pennyboy?
Give us your 'expert' answer, and dont try to change the subject again.
Rather than Johan 'just chalkin it up' why dont you come clean with this board and admit that 'winged victory' and 'pennystockkiller' are alternate iHub screen names that YOU created just to post negative bullcrap on this board?
pennystockkiller and wingedvictory were BOTH CREATED BY YOU. Yes or no?
Failure to answer will prove what we already know. And dont act stupid about it, everyone knows you have read every thread posted here this morning, and you are reading this one now. Admit the truth and stop lying.
Agreed, as I said, INSANE notion. And I will say AGAIN, feel free to disagree pennyboy/wingedvictory/pennystockkiller,,, OMEGA IMO would LOVE to have those 6 TriStars for scrap value! IMO they would likey pay much more.
We already know they're digging in jet graveyards, dont say they aren't.
But, since YOU are the omega expert with insider information from omega brass apparently, or at least in a position where you 'overhear things', why dont you tell us? LOL hows the overhaul on that junkass B707 goin? Ya think it will be ready by 2025 or so?
NAVAIR $6.1 BILLION MAC award April 15, 2020. I am NOT SAYING this is directly related to TEMPUS/TRISTAR! Im saying its,,,,'very interesting'.
Read the article and make your own decisions, F-18s mentioned.
https://www.navair.navy.mil/news/COMFRC-awards-6-billion-KRACEn-contract/Wed-04152020-1510
AJH in your expert opinion, any chance this is perhaps a 'jet sweep' around OAR and its hack lawyers (in my opinion of course, hacks)? I know its a longshot, but maybe NAVAIR looking for ways to employ the 6 TriStars 'under the radar' of OAR, via other companies that were in that MAC award?
Im looking for ways to debunk the (once again IMO) insane notion that the TriStars will be scrapped for next to nothing. Just not seein it.
Thanks again AJH. Your common sense expertise is very much appreciated. Scrapping the TriStars at this point would be total insanity IMO. Just doesnt add up.
I bet Omega would love to have all 6 of those TriStars for scrap value, if they could get that deal.
As you showed us, they bought another B707 thats been sitting for years, and likely needs 'lots of attention'.
Smart buyers trying to use this 'news' to buy in the .14s,,,,,,no further comment.
Agreed buckeye that just doesn't add up. Scrap value in England (Im guessing for that much weight) would be sub-pennies on the dollar. Does anyone here think the J-hand is really going to take that? Insanity. I would be willing to bet that pennyboys favorite flying fossil fleet would pay well over scrap value for 1 or all of those planes.
After all, they are searching scrap yards of dictators for ancient B-707s! LMAO we know the TriStars are far superior to those.
WE shall see!
Oh, and pennyfelon boy, stop your "ive been sayin all along" bullshit! Its nothing more than a 50/50 guess on your part, or anyone elses. Or, do you have MORE actionable 'inside information' before the rest of the market?
Hear ya there bob. I will gladly take more at .141 if anyone is dumpin.
That's true, she does. The fact that she does NOT,,,pretty much says it all. Doesn't want to answer any other tough questions IMO.
She should be asked why she and the other cowardly insiders aren't buying. They thought it was such a great buy at 58 cents, but not at 25 cents?
Agreed. You and all longs should be totally FKN irate. Ready to chew tungsten and shit nails.
Im sure many of you kept good notes over the years as this fiasco unfolded. I will say again, now that we know Chapter 11 (likely pre-packed) is a certainty, the time to form an equity committee to represent you in the bankruptcy court is now. Not after the filing. It will cost a few shiny pennies to get good BK counsel, but its the only way you will ever see a recovery against the bondholders.
I'd be willing to bet that many seniors are currently pressuring for a chapter 7. That happens, you have no chance at a recovery.
Thanks for 16 cents! Don't know who dumped, but you have my profound thanks.
LOL damn man just stop it already. And the bankster will tell jillyfish,,,,'well ya know what honeybun,,,,we would rather buy Walmart/Amazon bonds' See ya.
The arrogant ostrich approach from these fks after the Ron Johnson disaster years didn't work. Epic fail. Now there is nothing left to try.
I-man, the true end was when these idiots did the secondary at $2.5 or whatever it was, for the 220 million shares, or whatever the exact number was. I think JCPQ was trading near $5 at the time.
That was the realistic end IMO. Ballooned you from 80m or whatever to 310m outstanding. Not good, it was a pure act of desperation and the market saw it for what it was.
I-man,,,look dude, lets stop the ad nauseam whine against the SEC and the bank cabal establishment overall, for the sake of this board. None of that is going to happen, no matter how hard you come here and pound the table.
The corrupt alphabet soup boys have known about naked shorting for decades, and they continue to side with the criminal naked shorts. End of story.
CV19 was NOT the true reason for JCPQ being bankrupt. Its been 9 years in the making, plannedemic was just the final camel straw.
No bailout is deserved here, JCP has failed.
As I have told you many times (and you know its true, just admit it), the time for a chapter 11 here that could have IMO possibly saved preferreds and commons was after Ullman part DUEX.
BUT, the arrogant board just kept hiding behind happytalking points, and that '$2BILLION CREDIT LINE' bullshit. We see how that turned out.
Gimmick after gimmick after gimmick,,all failed. Back in 2014, 2015, JCP could've sold off Sephora, some of the prime real estate, and fetching good coin for it. But, they didn't, They decided to sell appliances and used women's clothing. Barf.
Its over I-man as far as a recovery for commons. There WILL be great trades during the bankruptcy. THIS is were you can get even. Be there.
Have MAY $4 calls, so I guess these Aholes are going to get away with just fuckin everyone that owns upside calls. Nice.
The pinning at $2.65 x 2.66 is pure market manipulation at its finest, regardless of what anywhere here thinks. That's not a 'fair market.' But we know the jokeSEC wont do shit.
Congrats. Keep adding shares right up until May15, if the Q doesn't come before then.
LOL the WHOLE TIME insisting that 'the BIG REACHAROUND' oh I mean TURNAROUND was,,,JUST AROUND THE CORNER! YUP! Just give it 1 more quarter. Nine years of happytalk and outright lies finally caught up. Bondholders have had, and seen enough of this shitshow.
JCP is filing bankruptcy on or before May 15. Moderator can keep deletin my post all he wants, but that wont change reality. Toast. Whats the problem Taurus? You cant take the truth? Its all over media, I didn't make it up.
https://www.zerohedge.com/markets/jcpenney-prepares-file-bankruptcy
So the con boys that run this are going to pin it at $2.66 until they cancel it? Wow what a massive criminal fraud IMO.
JC PENNEY,,not good. We knew it was coming. Lion,,,is this fake too?
https://www.zerohedge.com/markets/jcpenney-prepares-file-bankruptcy
Likely an arrogant, out of touch prepackaged 11, should be a 7. Either way the waterfall will not reach current shareholders. Soltau's hiding under her desk strategy didn't work. May 15 the unwritten deadline. Likely before that and should've been done when The Johnson was shown the door. Nine years of insufferable arrogance and pretension has finally caught up to the con job/scam gang running this clown show.