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so ... what does that mean?
oh ok
i don't get it
what am I missing?
what development?
What's going on?
oh look, 3s
can somebody remind me when the next hearing is?
this is really my biggest concern - will it still benefit UMS to go TALK?
hope you're right
I am still a bit disillusioned. I am not selling until pps is much higher - but not adding either
a conference where you check the status
well
this blows
I am actually going to be in court most of the day. I will miss most of the news.
no clue
and it just went down
so clearly, I could be wrong
so ... my (completely unfounded) prediction is that today will close at 5s or 6s.
If plan is approved tomorrow, we might go up to 9s - but we will not go higher unless TALK releases a PR explaining the path forward with UMS/Foxx
right...
pretty sure you'll be wrong
yeah
all we know is they want notice
we don't know why
they don't have veto power in Federal court.
We don't even know if they are a creditor.
it is normal for interested parties to file an entry of appearance. It is less normal for a state to show an interest in a bankruptcy. Maybe they are concerned about employee benefits.
That for some reason, Texas is interested in this case.
BK courts don't do gag orders
so, in summary:
I was right
bankruptcies take time and is not resolved as of today
but we made progress
I see hope
longs hold!
right?
Love seeing this first thing in the morning.
I sincerely doubt that anything will be concluded today. My guess is that a new plan will need to be filed with its own confirmation hearing. BUT if the emergency motion is granted, that is positive movement/ Let's hope for that.
I'm just hopeful ...
I never believed it was
let's hope and pray that the plan still is to merge with TALK
read TMUS's objection
it clearly states that UMS told them Foxx would be replacing KHC as sole shareholder
to clarify my post:
T-Mobile's objection is based on UMS representing to them that the new entity being the sole shareholder and funding the $500,000 is Foxx, not the Klc (?) entity and T-mobile does not have enough information on the new arrangement.
Foxx is not merely interested in UMS, Foxx, according to UMS, is funding the plan and is becoming the sole shareholder.
Now we just need to know who Foxx is.
Also, I do not have private reply capabilities, so if you want a private response, send me your email
based on the objection Foxx is taking over
aaaaaaand back to 4s
I need to stop getting excited
ah
an optimist
I like it
Well... While in bk, the UMS revenues don't go to Talk ...
I think my record is final confirmation hearing a year after filing - but then the BK went on for another 4 years
I've placed clients in bankruptcies that take 5 years...
oh look, movement
that's where I am at. I have faith in the fundamentals and frustrated with the lack of communication and do think many longs are a bit optimistic about the timeline (bankruptcies are not fast).
I can't believe there was zero volume today
unfortunately in the wrong direction
that's kinda my goal
I plan on selling my shares eventually...
not in the trips for sure
Investing in TALK has been a hobby for me - I never put a ton of money into this but enjoyed watching the movement and conversation
I use Optionhouse
and am beginning to realize how much they suck
I take back what I said about "good volume"