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I clearly stated when the POR is finalized and they don't go private.
Dilution is not a "Hypothetical Fantasy", it does happen, especially in businesses that become a "Going Concern" such as this. What are the odds of it happening? Depends on the new owners and what they decide, not on Master Blasters mis-leading and dis-honest opinions. Does Authentic Brands Group want to keep Aeropostale public? Soon we shall all find out.
Will Master Blaster stop lying? Will Master Blaster try to cash on his shorts before this shoots up or gets de-listed. Either way he will lose if he doesn't act quickly.
AROPQ * 1/D ------> AROPV,
Where D is the dilution ratio,
It's the facts when the POR is finalized if they don't go private.
And yes, you know better, I know you are Mr Negitivity, but now I question your honesty.
The dilution will occur after they cancel this existing bankruptcy stock and create the new shares, unless they decide to go private. If they don't go private only question is what percentage will the dilution be and how long will it take before the stock price gains that percentage back.
I thought about cashing out on a dead cat bounce, but now I am deciding to ride this out either a little more or all the way, because the 2nd quarter earnings comes out soon and the plan will changed hopefully in our favor:
https://cases.primeclerk.com/Aeropostale/Home-DownloadPDF?id1=NDQwOTM4&id2=0
Not in a "Going Concern", send me a valid link otherwise. Beginning of story, to be continued....
Places to go, people to see, things to do!!!, ttyl
Every investor who plays bankruptcy stock should know and understand this:
http://www.investopedia.com/ask/answers/042015/what-rights-do-all-common-shareholders-have.asp
What circumstances would it take for the Honorable Judge Sean A. Lane to say the plan has to be denied since the business is now profitable and Common Shareholders can not be cancelled and must be left as is or diluted and exchanged as new shares are issued.
I know, Unfortunately I hear that too, but do you hear a dead cat bouncing? Would be nice to get my monies back and a small win before this casino shuts its doors.
OMG Commons what? Did you hear the bad news?
Most likely existing shares would get diluted since this is a "Going Concern" and not a liquidation sale. New shares will get issued (Plan on getting some right away if you think Aeropostale will grow strong again) to help finance the rest of their debt. It is possible they could still cancel or the dilution would be so high, that they would be worth only a small value. Example 1/100 means 30,000 * 5 cents now equals 300 * 5 cents or just 15 dollars instead of 1500 dollars. That of course is just an example it could be much better or much worse than that. As usual that is my educated opinion, and the waiting game continues to find out the truth. Good Luck to Longs, and bad luck to the annoying shorts :)
It would of been better if the bidding would of continued. See what happens when the market opens up.
Q2 Earnings Report? I was hoping for a good one to be released today, unfortunately didn't happen. Hopefully soon.
Do you really think it needs 400 million if it is kept as a going concern? Did you ever figure out if the 243 million dollar bid does or doesn't include the 150 million for sygamore?
For those who read this and don't know what a going concern is:
http://www.investopedia.com/terms/g/goingconcern.asp
You were saying it's too late, because this Pistol Pete character can't even read the dates on the news mentioning the 160 Million DIP Financing that happened back in June as if it just happened. Then the Adam 129 character couldn't even follow along when he has everything documented on this message board right in front of him. Makes me wonder how these guys got in to investing if they can't even follow the simple stuff.
Yes of course, you are Mr Negative, but what they don't get is that you played this Negative attitude back in May, then you got in after the spike and fall in June, you made a profit and left a little while ago before the drop. So if you say that are getting back in, then I know this is going up. That is what they all should be looking for in your messages. Whether you did it last time by luck or skill.
No Good News today, except that the hearing was moved back 1 week. What are the chances that Aeropostale will report earnings tomorrow after the close? What are the chances that a better bid has or will be made? What are the chances that the auction will be extended again? Still hope for the commons, but not enough want to buy, hopefully soon!
Hey Mr Nebuchadnezzar, How about a little more negativity on this, so I can get back in at a good price after my profit from AROPQ that should happen hopefully today. I know I have less than a month before this starts to go up and up, so come up with some real sad news to bring it down this week if you can!
Oh this really seems good according to all the people on here. If Master Blaster, mister negativity, is correct then we only have 60 percent of the bid we need at this point. Where is my buddy VROCK, sorry I can only read inbox messages, so what's your take on this. Any predictions.
BTW Vrock, As far as the good news that I mentioned Saturday, was in response to one of the naysayers on here. The real good news on Saturday was actually the bad news meant that AROPQ was going to dip with 100 percent certainty. All professional investors would of automatically cashed out ASAP in the morning as you had seen, then they could of re-bought at a lower price. Hence free shares equals more profit.
I can not wait to the 9:30 bell to see what this opens up at tomorrow. I already changed my sell order for my first batch for 21 cents to a much higher value, which I will re-adjust after I see what happens tomorrow. Good Luck to all Longs, and as far as Shorts go, well they are annoying anyway, so too bad!
Then why are they not giving any news, if it's done and over, where is the news on what happened at the auction today?? I really was hoping you were going to pop up and say you were buying again. I know you're Mr Negativity, but I also know that your timing was so close to perfect last time, except you missed the Jun 13 spike that I foolishly didn't sell any on for a profit.
DOES THIS MEAN 1 MORE WEEK OR IS THIS OLD NEWS RE-UPDATED?
http://www.bizjournals.com/newyork/news/2016/08/26/aeropostale-10k-jobs-may-hinge-on-monday-auction.html
After I straight up told you about the good news, yesterday, you still did not make a profit today. So so sad. The good news was that after Friday's bad news you had to of known as clear as day that this would take a big dip in the morning. You could of sold first thing in the morning and re bought back in for a profit. OK, Unfortunately, not finding anything more than we already know, which is nothing about the auction today so far. All I get is obvious news like this:
http://www.bizjournals.com/newyork/news/2016/08/29/aeropostale-fate-in-the-hands-of-auction-with.html
I guess you haven't heard the good news, yet!
OH, I was really hoping for the Earning Report this week, but nope. Why the delay? Is it better or worse to delay it?
REALLY? When? Why are you here then? FYI, at some point in the next upcoming 5 business days this is expected to go up, possibly way up. August 25 is Earnings Report and Due Date for bidders. August 29, auction date. It is also possible that both these dates may get pushed back. Sept 6 is POR2 Court date which may get pushed back again as well. The legal battle between Sig and Aero continues on for quite a while. My point being this could have a long live span or may even go on forever, so unless you have some proof to back up what you say, you are only proving how immature you are and what little you know.
I thought that got approved last week, but not sure. It does say it's approved. Ask VROCK if you can find him, he is really knowledgeable and honest or Master Blaster, he has been really lucky and very opinionated, but perhaps will know the truth on this. I know one thing if Master Blaster comes out and says he is getting back or got back in, then this baby is 100 percent going to fly. That guy kept putting down this stock in July, saying he had none, then when it hit 2.8 cents he said he was in, no more negativity, and he stated he got out while at 6 cents, and then it dropped down to 4 cents. Luck or Knowledge or both? Anyway the next 2 weeks say it all on this. What will happen???????
OK, this better go up tomorrow. I noticed the buy volume pick up at the end of the day today. Plus some new people popped in on the board, which usually means volume is going to pick up.
Why did so few buy today? Are my hopes and dreams of making some good money on this coming to an end or are there just a bunch of fools out there getting scared?
Come on Really, you say you're out and then the price drops a whole penny. Dam you are good. I hope you are coming in soon again, cause I made up my mind and I am not selling any until I see 21 cents or 2 cents. I also was wrong about today because I was really expecting an up day on the court extensions. Now I am a little confused and curious about what happened today, but have no time to DD tonight. Perhaps you will fill me.
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