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I know, but I just thought I would give you a taste of your own BS. However the truth can be found here
http://phx.corporate-ir.net/phoenix.zhtml?c=131103&p=irol-sec
and here
http://phx.corporate-ir.net/phoenix.zhtml?c=131103&p=irol-news&nyo=0
and here
http://arorestructuring.com/
Not one word about canceling shares, and near 100 percent obvious chance of exiting bankruptcy. In fact on the May 4 document they mention achieving the best possible outcome for stakeholders.
354 million in debt plus 1/2 billion dollars profit in 6 months = out of debit completely plus 146 million dollars equity :)
Just remember what AEROPOSTALE specifically stated on their website about their intentions on May 4 and note the part about best possible outcome for stakeholders, which does not mean canceling common shares:
"NEW YORK, May 4, 2016
–
Aéropostale, Inc. (OTCQX: AROP) today took the next steps in its ongoing
business transformation by filing voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the
United States Bankruptcy Court for the Southern District of New York
. The Company expects to use the
Chapter 11 process to optimize its store footprint, access additional tools to shed or renegotiate burdensome contracts, resolve its ongoing disputes with Sycamore Partners and achieve long term
financial stability.
The Company intends to emerge from the Chapter 11 process within the next six months as a stand alone enterprise with a smaller store base, increased operating efficiencies and reduced SG&A expenses. The
Company is also continuing its previously announced sale process to confirm that it is maximizing the value of its assets and achieving the best possible outcome for stakeholders. Any potential sale would be
expected to be completed within the next six months. ..."
Has anyone seen the Plan Of Reorganization yet?
True that the final POR has not been filed. But when you get 160M DIP and you close all these stores, that is definitely still a Plan Of Reorganization. Profits are rolling in, debt is going down, and soon their stock will be going up.
http://arorestructuring.com/wp-content/uploads/2016/05/Store_Closures.pdf
POR Already effective and profits will come in and debts will be met. They requested bonuses for the employees who helped manage the POR. IMO ... If judge approves what are the odds the AROPQ will request common shares be cancelled, maybe 10 percent. If judge doesn't approve, maybe 15 percent. Odds of AROPQ not cancelling common shares close to 85 percent. The reason is the POR has already been proven to bring in profit from the past sales at the stores they left open for business and the new ones they open. So if the economy stays on track which it should even with the Brexit dilemma, Hillary, and Trump their will be substantial profits to begin AROPQ growth. Aeropostale wants to return to the NYSE ASAP and it would be easier to this by simply restoring stock over 1.00 per share, and the other guide lines needed. They know this would happen faster by just claiming that common shares will not be cancelled, that the POR is successful, and that bankruptcy is over.
Now if they were to cancel common shares or dilute, then how long would it take the newly issued stocks to sell at 1.00 per share. Most investors would lose their trust in Aeropostale if they did this and would not invest for quite a while. So I seriously doubt they will not go this route.
There always is the possibility of a merger or acquisition, but not really seeing a need for that anymore.
The other possibility is, and this is where the 10 or 15 percent chance comes in of cancelling common shares, is if they decide they just want to go private. Quicksilver was an example of a company that did this.
Time to just kick back and enjoy the ride this week. Hopefully I will have a smile rather than a frown comes Friday afternoon.
This is his life, and he will have a pretty dam good one if it goes under 5 cents, otherwise the rest of us will be laughing all the way to the bank, again, and again! Please AROPQ do not cancel the common shares!
I am hoping this is the case, and strongly feel that they will not cancel the common shares. However, definitely not to discourage anyone, I do remember the case with Radio Shack where some of the higher ups got bonuses during bankruptcy. I do believe that Aeropostale is a much better situation then my old time favorite Radio Shack.
http://www.wsj.com/articles/radioshack-proposes-up-to-3-million-in-bankruptcy-bonuses-1423598930
If and only if I am doing the math right, and I probably am not, it looks like we should get about 65 cents per share. Does anyone out there have a more accurate idea and number?
You're living in the past, this is now the new and very much improved Aeropostale. Profits will be rolling in, debts will get paid off, common shares will not get cancelled, and those investors who jump on board earliest will profit the most. Good news coming again tomorrow, and every day next week, even with the expected market slump tomorrow. I would suggest you get some shares to cover the money you wasted on your shorts, or grab yourself a few boxes of tissues because you will need them to wipe away all your tears while the rest of us laugh at you!
Looks more like it's heading up the stairway to heaven LOL
Do not ask this guy, he is trying to bring down this stock to less than 0.05 so he can cash in on all of his puts. Ask VROCK he is credible and knowledgeable about all of the bankruptcy stock. BTW you can check on inside trades on YAHOO for this stock, there really isn't much left. Shareholders take risks with bankruptcy stocks and therefor pay for the forced bankruptcy if the company invest in decides to cancel common shares. Most investors are waiting for the next quarters earnings due any day now (maybe even today) before they decide to buy or sell. If last quarters earnings report is even the slightest good news, I believe this baby is going to surge up to over 30 cents. Otherwise the waiting game will continue until the next big event which will be the first weekend in July.
I rather not say, because Mr Negativity on here will have more to debate. Just take a look at the past Net Profits for the last 3 years, add some advertisements to boost future sales for this year, take a look at their current debt. Then consider how much less expenses they have with all the closed stores. Post some numbers on here if you can for everyone to see. Plus the delay in filing this quarters earnings, which will hopefully come out by the end of tomorrow. It all adds up to a debt free ARO in a year or two with no damage to stakeholders what so ever!
Your comments reflect your true odds of credibility which is about zero!! Really good news coming tomorrow night!
I just told you what could and probably will happen, but apparently you're too focused on your fantasies of cashing in on your shorts rather than reality. I believe AROPQ wants to be back on the NYSE in a lucrative business ASAP. Which mean they do NOT want to scare away shareholders but instead attract shareholders. The best way for that to happen is to not cancel common shares, though a dilution is possible. Reality, another words, common sense. Get some!
The other great thing about message boards is you can determine rather quickly who has shorts in a stock and who doesn't. On this particular board I believe there is only 1 person who has this stock shorted. Anyone care to guess who that might be?
In case anyone is interested in what they are investing in for this summer:
https://www.youtube.com/user/A87Video
GO AROPQ, maybe soon AROPV
Why would they not emerge from Bankruptcy. Think about it. Only stores that make profit were left open and only profitable new stores were opened to make more profit. Plus a much better loan and new advertisement. Not to mention the AERO trend is back. Sounds to me the only thing that will hurt the price of AROPQ is if they do a dilution. Even when ARO was on the NYSE they did not want to get de-listed. They fought strong and hard not to, until they mentioned their bankrupt plan solely to reduce costs. I believe they still want to get back on the NYSE ASAP, and will do what it takes to do so. Which could mean dilution or maybe just as simple as clarifying they won't cancel common shares could put them back on the NYSE, because the price would go up immediately, even after all the buying and selling took place!
The funny thing is you're not right, and I just happen to sell off the rest of my CMG today when it was high to buy more oil stocks and more AROPQ. Let's see your prediction on AROPQ for tomorrow. You're not right because you never give actual numbers, you just copy charts and pretend you know something, and CMG is only dropping because other intellectual investors are borring money from CMG to buy other stocks that are profiting much faster at this time. It won't be long at all before I have CMG stock again. If does stay low as you believe for another week, then even better for me. The only thing you have been right about was APPL, did you sell it at 100, cause it's down to 97?
It's called Volatility and still only June! 700 easy by year end, cash in your puts real soon. Up market is back on it's way.
OH, I sold some of my CMG for USO, SONC, and AROPQ. USO doing OK, SONC - blah, AROPQ bought at .04 went to .19 today, but then fell again to .10 I love stocks that can make me 300 percent profit in a week Soon as I get some profits I will rebuy the CMG that I sold. 200 percent there coming soon.
When does AROPQ become AROPV or AROV?
I had a nice profit on here, and now it's gone and I am a little behind. I got rid of most last week, just keeping a little until the end. But I am keeping a close eye on this baby. I am setting up some funds for when I think the time is right, if it comes, to jump fully loaded back in.
Up and Down it goes Over and Over again, and where it stop nobody knows until the very end:)
WHO ON HERE THINKS COMMON SHARES WILL GET CANCELLED AND WHO DOESN'T??
I just loaded up on shares, because I know AEROPOSTALE will do great, but not sure if they will keep the common shareholders on their way to huge profits!
I was once way up on this stock, sold all took a profit. Felt like I was going to lose if I didn't get back in. Got back in, averaged in at 1.68, then yesterday got so confused what was going on. Thought somebody dumped for misread news when it hit a 1.00, looked like it was going back up. Bought more at 1.35, then finally saw news about bankruptcy, sold almost everything at 1.16. So my profit went away and then some. Then I saw news that bankruptcy was avoided that they settled with their lenders, but that may or may not of been real because I don't see that news now. Waiting to Tuesday to decide if I take another gamble and get back in! What fun:)
LIGHT CRUDE COULD EQUAL $50 PER BARREL TOMORROW!! If and when it does will it cause HERO stock to sky rocket up again?
Sounds like someone would rather throw away money rather than taking some FREE MONEY. Over 700 by end of the year almost Guaranteed!
Yes, you are absolutely P/E does matter. Forward P/E not Trailing P/E especially in this case. Oh and the Forward P/E is going to be great, if not next quarter, definitely the next!! Are there laws that state if you eat at Chipotle, you can't eat at McDonald's, Sonic, Taco Bell, KFC, or Subway. Of course not, the same goes for investing. CMG is FREE MONEY! BTW good deal with your AAPL so far, but will you get out in time? How high before I decide to place some puts on AAPL?
Which effects HERO stock more Crude Prices or Natural Gas prices? At the moment crude down 1/2 percent and Natural gas up almost 3 percent.
CMG up 35 dollars in 3 weeks, at that rate it will be up 350 dollars in 30 weeks!! Another words 450 plus 350 means 800 dollars, Nice :)
Looks Like Crude OIL Prices going up tomorrow, hopefully HERO will up too!!
You Are Correct! AROPQ will go to 0.00 when it goes back to ARO :)
CMG will gradually go up, I call this FREE MONEY. However oil stocks are hot right now, especially HERO. If you had put that money you are wasting on AAPL on Hero last week, you would of almost doubled your money already. Though you just did give a great investment idea, maybe I might place some puts on Apple right after they come out with another defective upgraded IPOD!!
https://www.consumeraffairs.com/computers/apple_ipod.html
It's called borrowing from Chipotle stock to buy OIL stock. When OIL goes up, CMG will go down. When OIL settle or goes down CMG will go up. You like doing graphs, plot it for us. See how true it is. I have common sense so really don't need the graph. Almost did it again myself. Look how much HERO, NE, and USO went up today! When they settle the smart investors will quickly sneak money out of their profits from the OIL stocks and put them back into CMG and then CMG will go up!! More profit. When OIL is expected to bounce they will repeat this. More profit over and over again. Smart investing is common sense investing.
I've been thinking about the real time to buy and sell on this one. Well the time to sell half of what I own would be just under double my average of 0.30 which means sell half at about 0.58 if it ever reaches that high again and it could. Easy enough to set up. Hold on to the other half.
The time to buy, the best time to buy is ASAP when AROPQ becomes ARO regardless if they cancel, dilute, or keep the common stock at face value. It will be at that point the race to buy ARO will be on and price will jump way up and even over shoot it's real worth. The first investors in will benefit with the most profit. Buying before that is just plain gambling, and gambling is fun and exciting, but not always profitable.
Good Move, I almost did the same, should of did the same, but didn't. My average is a 1.68 on this. So almost there, come on baby go up and up and up. Profit time coming soon!!
Do you have any proof of that? In most bankruptcy cases it tends to be true:
http://www.fool.com/investing/general/2016/05/15/think-bankrupt-stocks-are-a-bargain-think-again.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
I think this is one of the Q stocks that will not go to zero, but I do believe there will be a dilution. I wonder what the dilution rate will be, and if a profit would be obtained by buying at 3 cents per share!
Then please explain what this is:
http://ih.advfn.com/stock-market/USOTC/aeropostale-inc-AROPQ/trades
WOW, That would be great, I just looked at that trade in the after market. Only 46 shares for 0.55 is next in the Cue. Seems to me no one wants to sell in the after market until the final news comes out. Or is there news out already. Aeropostale is making all the right moves to start making profits again, including keeping the profitable stores, opening up new profitable stores, closing all the non-profitable stores in Canada and the USA (The ones in the link below). I just hope that they don't decide on removing or diluting the common shares. If they don't IMO you will not only just see 0.55 you will see 5.55 soon, and by soon I mean 6 months.
Here is the list of stores closing in the USA, I can't believe the Broadway store in NYC is closing. I would of thought that one would of been a real winner (must be the rent bring that one down):
https://brileyfin.leadpages.co/aeropostale-stores/
They most certainly do, especially on near bankruptcy stocks. Just look how fast this baby went down on APRIL 21st :) Any good news and it will go up just as fast if not faster and further, since there will be no delisting off of this exchange like the NYSE did on April 21.
At an average of only 1.5 dollars a day CMG will be 700 by the end of the year. Almost guaranteed to happen!! It doesn't get much easier than this to make FREE MONEY :)