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Reverse split talk is nonsense.
Get some rest, Sleek. Big day tomorrow.
DP said in the last PR NASDAQ is a long term goal. Don't think a RS to get there so quickly falls into a long term plan.
Tuesday morning will tell if its pumping or new investors. I hope its new investors!! good luck to all. way to hold on.
So wouldn't it make sense to buy when it is at .14 before 2018? Think you should look at your post and scoop some up amigo.
This company is well positioned in the right states. Just a matter of time.
This stock is as good as dead. Trying to convince yourself that it will somehow be saved is dillusional. You will lose the rest of your money if your still holding. I did own some and sold it. It has been spelled out in black and white that the stock is being cancelled. Sometimes the you have to be honest with yourself.
Huge bids coming in near closing...
Come on Judge, do whats right!!
Isn't it up to the Judge at this point?
Next Friday is gonna be a banger!!! $$$$$$
Load up for the next big break when the good news hits on 9/13!!!
Yawn, Nuff of this for today. Have a drink and lets see what tomorrow brings...
Still a great buy!! Seeking Alpha's manipulative writing/quotes are based on old articles, what IS important are the positives that have changed since. Just wait until the next wave of positive news, all you selling will be kicking yourselfs in the a$$. See you at $2.00.
Awesome volume today!! Can't wait for a stellar day tomorrow when the news breaks!!
So, knowing the interworkings, you took a loss by not selling above fifty... and still holding on to some saying it will be cancelled? C'mon man, I think you've smoked yourself retarded.
Stakeholder covers all people with a vested interest. He wasn't going to stand there and list off all the people involved, Stakeholders covers everyone.
Oh here we go. Sheik don't even bother man.
Go get em Sambeaux!
Saying "Stakeholders" is risky when there are so many lawsuits waiting. Especially in a calculated/scripted press release.
Business Journal Dictionary:
Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.
Not Cancelling!! BOOOOYAAH!
All this great news for Patriot, really looking positive!
Thanks Bro!! LOL and yes it is def nice to see a positive.
Tomstocks...I love you man.
The only time you will see .36 again is if this gets cancelled, until then your gonna miss out man.
LOL!! What about you magic banks advice?
Sheik, you sold your shares back last week... So you buying big today?
LOL!! Thanks :)
Blue is right. This BK seems to be different, not as cut and dry. If there is ever a scenario where it is possible for commons to be kept, this is it.
I feel better about this stock everyday.
I agree. Holding mine.
Also... I was just reading a post about chapter 11 that says common shares are subject to dilution after reorganization, ( creditors will get new shares) in our case the new outstanding will be300 m since the authorized is 300m
Will not be cancelled, although diluted 3 to 1.Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Total assets 3,635,997
Total liabilities 3,974,015
Total stockholders' deficit (338,018)
HOWEVER
Liabilities subject to compromise 2,157,593
Common stock (300,000,000 shares authorized); 92,378,514
Therefore, can have a positive share value after compromise. PCX can issue additional stock for bond holders. Although certainly diluted, the common stock can stay.
50/50. Worth a shot, but be prepared for bad news too.