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Very good point, someone is telling the truth and someone isn't? Either way Monday is going up, but how far would only be a guess!
Good News, Dates have been pushed back a week. This also means if Aeropostale post good quarter earnings on time that could make things even better :)
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NDE3OTgy&id2=0
I'm wondering if I should change my first batch ask price from 21 to 26 cents?
Today was really not as bad as it may of seemed and I am still saying that even no news is good news for this. I think there was a lot of fear today and some decided to cash out, and if that all it dropped, well hopefully Monday it starts creeping up again. I know I will be cashing out some at 21 cents. Unfortunately I don't have time to read prime clerk tonight, can anyone sum up what happened if anything at all. Good luck
That last 5000 sell brought this baby down from 7.8 cents to 7.1. Looks like we are going up until any bad news. So lets hope for no news or good news. I want my 21 cents. Tomorrow would be nice, but that's a long shot unless some really good news comes out, then I would see 50 cents easy.
For those who don't know, the price of the bid is the highest anyone person is willing to pay, and the price of the ask is the lowest anyone is willing to sell it for. On the pink sheets they usually put the price pertaining to the last transaction as the sell or buy price.
So what this all means is in order for the price to go up to 50 cents, all that has to happen is that nobody who has the stock is willing to sell it for less than 50 cents, regardless of who is willing to pay that for it. Naturally as the price goes up people start thinking they can get more as you can see from the posts today. Everyone is beginning to want to buy it now (or buy more), so those who have it will no longer want to sell it for such a cheap price. My ask price is set, and has been set at 21 cents for almost 1/2 of my shares. I am almost tempting to raise it, but I keep remembering June 13, had I set it for 16 cents I would of made a nice profit on that day. I may also lower it doesn't go up by this Friday afternoon. Since Friday is usually AROPQ's lucky day, except twice.
Anyway just giving an idea how I set my ask price, and now just think of how everyone is thinking out there, and that is what determines the price, and it's all about the thoughts of everyone who owns and/or wants part of or wants to get rid of part of the 80 million shares out there. My feeling right now is everyone wants, and no one wants to get rid of. Tomorrow we are going up fast!! (Guessing of course)
Do you understand how the price is determined?
I think I am going to buy all 80 million shares tomorrow :) Donald trump is lending me the 3.6 million LOL Just kidding, of course, although there may be some on here that actually think I was serious.
But on serious note, every time some one buys some one sells to make a profit. So as long as the volume goes up, so won't the ask and bid price until it is my turn to sell. Can't wait!!
good job of keeping it down until I get my money back in after I hopefully win on this AROPQ thing!
Interesting thought that I just had to mention on here. In the beginning of Aeropostale it was started by R.H. Macy. What are the chances that Macy's (stock ticker M) would want to buy them back? Wow, watch how fast this baby would shoot up if that thought came true!
OH Listen to you, weren't you the one with all the negativity 2 months ago. How much resistance did that cause?
Probably not the best stalking horse, but definitely a great start with there being 2 full weeks left to the dead line. Any guesses as to how much this will jump up on Monday morning??
Keep up the good work of knocking CMG down until my Aeropostale hits. I have to get back in this one as soon as I get to cash in on that one. It's starting to looking really promising for both of these.
This could be the start, we will know on Monday morning if this baby sky rockets or not. Just how will the majority of the investors in this or who want to get in think about it? Today was one of those deceiving days where it looked good, but actually wasn't. There was twice as much selling as buying. Although that really means nothing like I mentioned earlier. What really matters is Good News vs. Bad News, and JazzyJWels just found some Good News. Now the next piece of Good News we need is another potential stalking horse. A whole bunch of potential stalking horses would be really really awesome :)
Selling 1.5 Million Shares, not now, but beginning August 22. Why? Is Grady Travis Tadlock the 3rd expecting this to shoot up?
I'm hoping that both VROCK and Master Blaster respond to this.
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NDEwMTg2&id2=0
As posted in the NY Times on Aug 2nd and Prime Clerk affidavit from today:
Auction. Pursuant to the Order and the Bid Procedures, if the
Debtors receive one or more timely and acceptable Qualified Bids (as
defined in the Bid Procedures) for the Assets, an Auction shall take place
on August 22, 2016 at 9:00 a.m. (Eastern Time), at the offices of
Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, NY 10153. Only
representatives of the Debtors, holders of Qualified Bids, and advisors to
and members of the Creditors’ Committee, and the DIP Lenders and their
advisors, shall be entitled to be present at the Auction, and only parties
that have submitted a Qualified Bid, as set forth in the Bid Procedures, by
no later than August 18, 2016 at 5:00 p.m. (Eastern Time) (the “Bid
Deadline”) may bid at the Auction. Any party that wishes to take part in
this process and submit a bid for the Assets must submit their bid prior to
the Bid Deadline and in accordance with the Bid Procedures. All due diligence
requests or inquiries should be directed to Stifel, Nicolaus & Co., Inc.,
and Miller Buckfire & Co., LLC, 787 Seventh Avenue, New York, NY 10019,
Attn: Michael Rozmus (Michael.Rozmus@stifel.com).
Bid and Ask price mean nothing right now. All that matters right now is Good News vs. Bad News and the anticipation of either. August 22 is getting closer and closer. 2 weeks from tomorrow!! Come on lets hear some real good news :)
I do too, but I really just don't get why it's not up to 10 cents already! Is everyone waiting until the last minute to take this gamble. I still believe what I said earlier about everyone having their alerts set at 4 and 5 cents. Once this jumps up a little more it's going to shoot way up. Even if in the end the commons become worthless.
I really think you are just about the only smart one on here. This is a gamble, I said it over and over again. The odds are really unknown, the payout is unknown, the risk still high, but the payout will be great if it happens, and if it doesn't, well so what a little money gets lost on the market.
I try to look at the big picture here, and I see very little actually going on with trading this stock. Even 712,000 shares is nothing compared to the 80,000,000 shares out there. It's just under 1 percent total, which means only 1/2 percent of all shares got traded. Therefor the other 99.5 percent of the shares are just being hold on to or set at very high ASK prices hoping for the good news. I will admit I actually have a portion of mine set around the 25 cent mark. I'm also willing to lose everything invested on this, but have this strange gut feeling, just like you do that this baby is going to fly. Only 2 to 3 weeks left before the big showdown again. Not saying it will be over then, this may be dragged out, but we certainly know some more details by then. Good luck to all of us!
OK, so it's pick and choose who might buy Aeropostale night! I still say the perfect company would be L Brands since they already own 3 stores based in the mall that do real good. Bath and Body works, Victoria Secret, and Pink for those that don't know. Any way yesterday was twice as much sell volume as buy and the price goes up, today started off all buy and ended with some sell. There was a lot of questionable volume today. There are still a lot of possibilities for this baby to fly up and I believe most of the professional investors have their alerts set at 4 or 5 cents. Once this baby break 5 cents I predict it to fly way way up. Why aren't people raising their ask price, you can get so much more, even if nothing happens it still is going up before August 15 on speculations, guesses, hopes, and dreams like I am reading today. Which I hope just one of them turns out to be true. Tomorrow is Friday, and Friday is usually, but not always, Aeropostales lucky day!!
Well the truth is it appeared to go down only because the last transaction of the day was a sell of 20,000 shares at a price of 2.8 cents and the last transaction whether buy or sell seems to set the price for the day on this. However there was actually a buy volume of a 382.9K and only a sell volume of 84.5K. That's 4.5 times more buy than sell. If that continues at this rate each day until August 15th who knows how high this could be, but eventually no one would want to let this go for cheap!
If VROCK, who has been proven to know his stuff, is back and saying good things about this and Master Blaster, who was Mr Negativity for the last 2 months is saying it's looking good well then it's starting to look like my gamble may just pay out after all. However I am not willing to risk any more so will not be buying any more shares, although it's looking so tempting. Good luck everyone, the rest of this week is going to be very exciting:)
Are you admitting that you have some positions now? Did you switch sides and now think this baby could make a comeback.
I think the odds and payout are definitely worth the risk, but unfortunately why does no one want to buy this dirt cheap lottery ticket at a low 3 cents a ticket. It has to be better odds than any instant state lottery ticket and millions of those are sold a day! I guess no one wants to wait and wait and wait to find out if they are winning or losing. I'm getting impatient myself. I am almost at the point of just setting my sell prices and forgetting about this. Check it out in 6 months and see what happened.
Hopefully Going up, up, and up soon, like a cork coming off a champagne bottle. Today would be a great day for this to happen! Although just hoping based on the threat of the lawsuit will make it happen, nothing else yet.
Nice to see someone can actually post some current news and GOOD news at that. I hope they can do it, looks like this could be back up to 7 or 8 cents tomorrow.
I and just about everyone else on here does not believe you one bit. There is no reason why you would hang out on this 24/7 if you didn't. Not really a normal hobby to hang out on a message board just to bash a stock that most people suspect is already going to fail, but willing to take the gamble it won't for the big profit. So unless you have some serious vengeance against Aeropostale or people who play bankruptcy stocks, there is no other reason then you have positions and many of them too.
Take a look at the buying to selling ratio after 3:10 pm, something up. Oh wait, guessing games on my part now. Plenty of time for a stalking horse, then maybe a whole Calvary of horses to follow. You just never know, the only thing I know is it takes lots of patience with this one and you definitely have positions in it. In fact, I'm starting to think you straddled this baby every which way and are collecting on the downs, the ups, and the sideways :)
You are all playing guessing games. The truth is none of you know what is going to happen. What if Nike, L Brands, Walmart, and Target all decide they wanted to buy Aeropostale and went into a bidding war. Highly unlikely, but you never know in this crazy world of stocks. Not to mention, what if courts pushed final decision way in to October and Aeropostale reports good quarter earnings on time on August 26. Stop playing silly guessing games and more research on just how many big companies may want Aero for their collection!
Good News? Bad News? All I see people posting today is Old News, Why bother? The latest news is Aeropostale is up for sale and guess who wants to buy it!? And when a company buys another company under Chapter 11 commons still collect once all debts are paid, if the price is high enough. The price will go high enough if 2 or more companies compete for Aero. Just the chance will make this baby go up again. So who wants to buy Aeropostale??
But even if nothing good happens and this goes to 0.9 cents (never really goes to zero until a while after officially cancelled and why that is hard to explain) I will not sit here and complain that I lost some money. Because I knew this was a gamble from the start 2 years ago when it went from 2 to 4 dollars. Everyone on here knew that it was a gamble and it was heading in to hard times 2 years ago. I tripled my money over 4 times. I had several chances to take a profit on this, but I was foolish not to collect. The last date that I could of collected pretty big was on June 13th. Why I didn't was this friggin thing called greed. Greed kills my dam profits on these gamble stocks all the time. But no one, yes no one, not even that rich guy they call Master Blaster, knows what is going to happen. But we all know he has a position on here, why else would someone be on here 24/7.
I was expecting this baby to drop down to 5 cents. I was hoping it wouldn't go lower, I really didn't want to see shorts collect. Congratulations to Master Blaster I am sure he cashed in on his shorts and got some cheap shares at 3.2 cents. So Aeropostale wants to do an auction if judge and creditors approve POR. Will there be a Stalking Horse and who will it be? Will there be other companies interested. Only hope for shareholders now is that 3 or more companies want to buy Aeropostale, because if the bid goes high enough stockholders get to share the excess. Aeropostale also mentioned bringing Sygamore back to court, if they win that there may also be some hope. Only other shot is if Judge asks for a better deal for commons such as dilution. It could happen and AROPQ could go back up again. It's not over yet, at least 2 months more. Who else agrees? Are you already for a another ride or is your stomach too sick to go on?
Please Note the June 12th date on that article. Was hoping you had good news, but unfortunately NOPE. But there is still a lot of hope left.
Sometimes the court rules in favor of the stock holders, but usually they don't. Frequently the judge will decline for some of the other debtors and seek a better deal for them and in turn a better chance for investors to profit. If they don't decline I am just trying to get a rough estimate of what money and in what time period would go towards the sale to get an idea of how much profit Aeropostale would have to make before shareholders would start getting a cut.
The POR was filed at 8:02 pm tonight and they are going to cancel the Common Shares (Class 8) if the court approves and the other classes vote in favor of the plan. If there is left over money after everyone else is paid classes 1 through 7 then that money will be divided up amongst the 80 million shares and what not. So if they have a real good back to school profit and 8 million dollars gets left over you could get 10 cents per share, but that's a long shot. Of course, no one knows what will happen in court on July 26, not even Master Blaster or Judge Sean H.Lane. I would imagine a stock drop on Monday on this, unless people choose to go for the ride and hope the Honorable Judge Sean H. Lane will say he wants a better deal for Aeropostale's Investors on July 26.
This is exactly what it says
"No later than July 15, 2016, the Borrower shall have filed the Plan of Reorganization in form and substance reasonably satisfactory to the Agent and the Required Lenders (it being understood and agreed that such Plan of Reorganization shall either repay all outstanding obligations under the DIP Credit Facility in cash on the effective date or provide alternative treatment satisfactory to the Agent and the Lenders in their sole and absolute discretion) and Disclosure Statement in form and substance satisfactory to Agent and the Required Lenders"
please note the words "reasonably satisfactory" which essentially really means just a rough draft or another words get it started, that's all
Really Folks,
First of all Just because they haven't posted the news, does not mean in any way that POR is not completed.
Second, the day isn't over yet!
Third, what does the loan security document say about if the POR isn't filed on time?
Fourth, the longer without news the better, remember in this case no bad news is good news, and you will know in the charts before you even see the news.
Fifth, well I am so happy there was no bad news this week, hoping for really good news next week :)
HaHa,look in the mirror when you say that. Did you not read any of what they have been doing since April 30 at all? Do you not get the concept of removing stores that were losing money and leaving plus adding stores that make more money? Do you not get the concept of financing? This is sort of like grabbing stock on an IPO for a discount. Do you really think Aeropostale would wait until the last minute to cancel commons? Do you know how that would ruin there reputation? Not something they would even conciser this far in the game. Their are millions of investors just waiting on the side line for the official word and bam! This stock will go up 10 times faster than it dropped on the initial bankruptcy notice. So seriously, I got it before when you were putting it down, but now you are about to throw away a serious profit potential. Can you really be that cheap and corny?
2 more likely scenarios: POR completed by 2 pm tomorrow and common shares intact, or a 1 week extension given and POR gets completed by 2 pm next Friday with common shares intact.
I agree, but even if it doesn't and the POR doesn't come out on Friday they will be able to postpone the POR without any real damage. Some people on this board are acting like if this deadline isn't met that there will be substantial consequences on the company will be going up for sale. They don't know how to read the real print.
The truth is the gamblers have their money invested. They take big risks for big profits. They are not letting go now, selling should be near an end. So now it's time for the investors who prefer to make less profit with less risk to jump on board. 10Q is filed, most knew what was happening, They MET their earning expectations. All that is left to do now is finish completing the POR with Crystal Financial, which no one on here knows how much is left to do on that. Then it's business as it use to be, with profits coming in a little each day through out the next 8 years with Donald Trump as President and ???? as VP. America will be great again and Aeropostale will be great again!
Only 10800 Dollars spent on buying, and 12600 Dollars received from selling, price still went up! Why?, Because no mention of cancelling or even diluting commons. So now in my opinion ask price and bid price start climbing while worries of stock being cancelled diminish. Could it still happen, probably but odds are looking much better in favor of them not being cancelled now. Will the POR be completed by Friday, well IMO if it's not, I believe at this point it will be extended safely, just like the 10Q was. Looks like everyone is going to be happy with this one including the young teens with their brand new cool clothes, the stock holders who were smart and brave enough to hold on to this, Aeropostale themselves who will easily come out of Bankruptcy now, and Crystal Financial who will make money on the interest from the payments. The biggest loser I can see from this will probably be poor Master Blaster. Sorry guy but not this time! I think you picked the 0.5 percent of the stocks that do come out of bankruptcy keeping commons in tact. Hopefully you are having your fun while it lasts!
TIC TOCK TIC TOCK TIC TOCK
SELL ALL?
SELL A LOT?
SELL SOME?
BUY SOME MORE?
BUY A LOT MORE?
These are the questions we are faced with tomorrow and I would image this baby should go all over the place. Just hoping that it shoots up like it did on June 13 without returning!