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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!
So what, the only thing in question is what that spike was all about at the end of the day? Before that doesn't matter.
Nunc pro tunc means now for then:
OK I am not a lawyer but looking at the spike at the end of the day, and trying to understand court document number 419, it almost looks like common shares will NOT be cancelled as of yet.
It sort of reminds me of June 10 and 13 when it shot up to 0.21 just to fall back down. Maybe this time it will shoot up to 5.00 and fall back down to 2.00 :)
Of course it could also be somebody trying to make it look good to cause a good suckers rally pump it now, dump it tomorrow, take the profit and run. :(
The Deadline for the POR is next Friday, but what if it happens Monday? The excitement is building and this board has been so quiet I feel like I am missing something. Is there news out already that I don't know about? Even Master Blaster is quiet, but that might be a good sign!
Frustrating isn't it, everyday I hope it goes up. I really wanted to see 0.09 today, even if it didn't hold. I did note a little buying at the end of the day. Maybe that will continue next week, hoping again. The amount of patience needed for this, it's like a really slow moving slot machine. Will it pay a Jackpot, or is it going to leave everyone depressed on here, except the Master Blaster?
Actually you said 375, and you're getting closer, and negative news you might get it. I still sticking with 700 by years end, but honestly right now I don't want it to go up, I borrowed my money from CMG to do a little gambling with AROPQ! So before I was annoyed you were naysaying, right now I am glad you are until I get my money back in. Have a good weekend.
100 Times as many shares sold today as those that were bought, yet the price only dropped 1.33 percent. Very interesting, especially noticing how a purchase of a little shares raises the price so much, but selling a lot of shares does very little to make the price drop.
There will NOT be any sale, unless they cannot make an agreeable POR(Plan of Reorganization) that both the court and Crystal Financing will be satisfied with and meet the requirements of the POR. Even if they cannot meet the requirements there still may be no sale if ARO, Crystal, and the court issue another amendment down the road.
I didn't spend the time to determine what changes were made from the previous agreement (amendment 3) and this forth one. It all seems to be what would happen if ARO doesn't recover, I believe they will cover and make some great profits. There will only be a sale if they can't make their payments, sort of like a minimal payment on a credit card. Aeropostale is worth more to Crystal if they succeed, and the common stock is worth more to Aero if they don't cancel it. This is why it has never even been mentioned other than a docket specifying a committee for it.
The reason the POR is taking so long is because ARO, Crystal, and Stockholders know that a good POR will be profit for everyone.
Patience, Anxiety, Frustration, Worrying, Reading, Guessing, Understanding, and Luck, it's all part of this investing game!
Hopefully an uplifting tornado, that brings this stock way up without dropping it back down!
Today has been the quietest day on this board in a long time. I'm hoping the old saying of no news is good news, holds true!
To quote one of MasterBlasters favorite quotes by Thomas Edison:
"Many of life's failures are people who did not realize how close they were to success when they gave up."
Guess what, he's not realizing how close he is too success. He's got the right stock and on the right board, just on the wrong side LOL
If Aeropostale does better than the chart on page 61, then common stocks should survive, IMO
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=MzY2NjEx&id2=0
Well you didn't answer any of the other questions I asked so your credibility stays near zero. As far as a hefty interest rate, what would that be? Any proof, lets see some links or something. I didn't think so in advance. What was Sycamore charging for interest? Do you know? How much of a savings? Let's see some valid links please.
Anyone who comments on a message board all day and night long who has no interest in it at all, does not have any credibility what so ever. Speak some truth, what is your intentions? How do you plan to make a profit from this? Why are you on here day and night with all the negativity? Did you already take a big loss, and now hoping everyone else does too? Do you have a huge short amount to cash in on, if this goes down below 0.045 before your expiration date? Do you just want this to drop, so you can grab a better bargain?
I have interest in this, my average is 8.5 cents. I hope to get my money back with some of my shares and save the remaining shares for the big profit if it goes my way like it should. If not at least I will return an even no loss/gain on something that was a loss when I was averaged at 0.30 and the big first bankruptcy news caused it to drop like a rock. Where were you before that. If you were on here before May warning of the bankruptcy and spreading all your negativity, then you would of had my utmost respect and would of had been considered completely credible. Just wait for a good POR or/and a good quarterly report then this baby will sky rocket twice as fast as it fell down in May. You seen a small taste of this when the 160 Million DIP was approved on June 10th!
FACTS?: 6.5 MILLION $ MARKET CAP
354 MILLION $ IN TOTAL ASSETS
390 MILLION $ IN DEBT
Please correct this for me if wrong.
If this is correct, it wouldn't even be worth the effort or time to cancel the common shares for just 1.6 percent of their debt, when their market cap will increase dramatically if they kept it as is!
Just how quickly can they pay off 390 million when all their stores are profiting big time now?
Did you read the Bankruptcy plan?
Now you just proven your lack of credibility, if you look back 3 weeks to the Morning of Friday June 3rd and any time during that week prior to that, it had doubled from .04, only if you look at the top of a brief spike on Monday the 6th has it dropped 50 percent. After the spike it just gradually went up where it is now at 0.08 and will continue to gradually go up until news (Good or Bad) comes out. And, yes PACER is quicker if you want to resister and waste money. That little extra time is not going to help you anyway since you are shorting AROPQ. It wouldn't help me unless I am going to stare at the computer for 8 hours each day waiting for it. As a gambler I will let it ride, as an investor I will take out just enough before the court date to cover my bet and make a profit already.
Seems like it is going up, and up, and up since the middle of May. Soon an answer will be here:
https://cases.primeclerk.com/Aeropostale/
At the moment I hope it stays low, because I borrowed the money from my CMG to play AROPQ, NE, and USO. I hope to get back in soon, so if it drops a little more so I can back in before it bounces back up it would be great.
As a gambler this is a great bet, as an investor this is a high risk. I would say the odds of profiting from this if you invested now is about 30 percent, but that's just my opinion. Of course MasterBlaster will tell you your odds are more like 2 percent. So that was the point of my last post, do your own DD and come back with your own guesstimate.
Just in case you don't understand when a company will keep, cancel, or dilute common shares , this will sum it up for you, and then you can decide for yourself without all the silly opinions on here what you think the real odds of profiting from this is.
Read this COMPLETELY and then do your own DD (Due Diligence):
https://www.sec.gov/investor/pubs/bankrupt.htm
What do I see bid 0.1 ask 2.9?
Well this would never go down to 0.004, you know that and I know that. If it did cancel and went to court and judge did agree all common shares would cancel then this stock will drop to the lowest of 0.008. You know how the famous pump and dump game works with worthless stocks.
We both know that you want this baby to just dip below 0.05. I know your strategy.
You believe 98 percent chance, I believe only 15 percent chance of cancelling. Neither of us really know, just guesstimating. I know your number of 98 is way off for AROPQ, but on most Q stocks it is actually close to 99 percent. So then why do most of us feel this is an exception and you don't?
Some people call themselves investors but they are too cheap to invest 1000 dollars in Aeropostale. We all know for sure they will get out of bankruptcy. We don't know if they will cancel the common shares or not. We do know if they don't cancel the common shares that this will be worth at least 2.00 per share rather quickly, and therefore for every 1000 dollar invested, it will yield 25000 in less than a year if they don't cancel. This is the bottom line.
There really is no need to post any other opinions or news. We all know where to find the news. We all know how do our DD. We all know how this works. So is the 25 to 1 odds given worth the 15 percent chance they will cancel. We don't know, but we will find out soon. How much do the nay sayers get if they do cancel is the other question. Depends on when the place their puts on this. Maybe 100 dollars for every 1000 invested. Is that worth it? That's the other bottom line.