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INSTITUTIONAL INVESTOR GABELLI FUNDS LLC***
https://money.cnn.com/quote/shareholders/shareholders.html?symb=BONTQ&subView=institutional
Trades Pennies at a time practically. Once we take off again we'reheaded straight to $.25
Advanced Discussions to Re-open Stores
Wake Up People!!! This company was trading at $1.35 before BK. Now coming back out...
BONTQ + E-COMMERCE SOON!!!
Mine too lol but we're good here IMO
I agree not bad today Gary
Nice Post- Like how that sounds...
Yep and it's Coming too-
Panic Selling Over IMO...
I saw that!!! Glad you're here with us =)
Morning Gary & BONT Board!!!
Waiting on "Q" to be removed as the company successfully emerges from BK
Waiting patiently CJ-
Last week all I kept hearing is BONT is a shell, and I see them more as a subsidiary of CSC(the new parent company) now...
The direction of the company is obvious at this point. Clearly they are moving forward in an E-commerce kind of way =)
Plus why the hell would the company buy assets,branded TM, and intellectual property
If they didn't plan on moving forward with the Bon Ton Brand???
What is the Advantage of Filing Under Chapter 11?
Public companies typically prefer to file under Chapter 11 bankruptcy (as opposed to Chapter 7) because it allows the company to continue operating and provides an opportunity for a turnaround. A successful reemergence doesn't always work out, but Chapter 11 gives the company more control over the process. Also, the company may continue to trade its stocks and bonds while going through a reorganization, but must report the bankruptcy on Form 8-K (SEC) within 15 days.
https://bankruptcy.findlaw.com/chapter-13/corporate-bankruptcy-what-every-investor-should-know.html
A company emerging from bankruptcy may have two different versions of common stock: The old stock that was trading when the company went bankrupt, and the new stock issued during the reorganization. The old stock, usually traded on the OTCBB or Pink Sheets, has a ticker symbol ending in "Q." The new stock, if it was not issued (but rather authorized) by the company, will end in the letter "V," indicating that the stock will trade "when issued." The "V" will be removed once the company issues the stock itself. Understanding the difference between old and new stock is crucial to making smart investment decisions.
https://bankruptcy.findlaw.com/chapter-13/corporate-bankruptcy-what-every-investor-should-know.html
Ok - Cool thx
For some reason my TD Ameritrade seems like its having difficulty. What's the B/A at now??
I'm Sticking around - This is STILL up BIG from Yesterday...This Trades Pennies at a Time and it moves fast with this float. We'll be Fine in the next couple weeks. Everyone racing to beat each other out the door FOR NOW!!!
Dude, THE NEWS WAS ON USA TODAY!!!
Only thing I'm seeing here is Friday Panic Selling
Please Tell me how this is a Shell just because the company got bought out? They will still be operating under the Bon Ton Brand. Just under NEW OWNERSHIP.
Exactly - 100+ Yr old Company now in the hands of a Mini-Tech Guru - CSC Earnings $150M in 2017
Me either, I think there's a lot more that will be uncovered along with the stores re-opening.
Nice Charting - Let's see that .106 Hold
Yeah pretty much, but only down 8% from yesterday. EOD Run Coming IMO
E-Commerce + Stores Re-Opening
Watching for Strong EOD Close
Looks like RSI cooling off and resetting here
Great Job - It looks 1,000% better
I-box looks MUCH better now Thank you Mods
Can one of the Mods update the ibox please?
Recent News Articles, Department Store Photos, SS, etc...
Thanks,
15M Float ~ 52 Wk High $1.35
Website Updates COMING SOON
If BK Court approves Brand Rights, deal is Final and updates will flow regularly.
Tech Company + E-commerce + Coming out of BK & Stores Opening back up is a BIG DEAL for this Brand!
Ask shrunk a little to under 670m today from over 850m+ a few weeks ago...
Let's Go GNCP - DROP THE JV NEWS!!!
Are you named after an STD? Sounds like it Lololololololo
Why raise A/S no need for convertible debt when a LOC is being negotiated. NEXT!!! You guys are really hanging your hat's hoping they raise it so you can scare people with talk of dilution. But Anyway
No Need for Dilution, Line of Credit will take care of the funds needed to fill the backlog and future orders. Besides WHY on earth would Institutional Investors buy into a diluted stock. Anyway that's my opinion, thx for sharing yours