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Peak should be $7 tomorrow as JCP continues to go ballistic
Oh yeah! $7 -$16!!! With that knowledge who wouldn’t buy these insanely cheap shares?! But em up people!!! Let’s go JCP!!we might make it to .27 tomorrow!! Lol
I hope it does. I’ll load more too if so
It really does amaze me in today’s day and age that the media is not running with this story. Good or bad, this is a very interesting story for someone who can tell it right.
Let’s go Simon! Up your bid or risk losing it all together with JCP being thrown out of bankruptcy. Looks like that’s where we are now. Hmmmm. Which way will this go....?
I thought it was pretty clear... what else is clear is that no one seems excited about this. Crazy. Board gets filled with 100 posts of nothingness but something good comes out and crickets. Lol
Maybe this will be a test to see if the manipulation has been stopped or not yet.
Right this is just a more detailed filing with proof. No more guessing or just stating value. It’s actually well written and outlined in the filing. It’s crazy to me that this is still trading at this level with this valuation
Very detailed filing! Explains why JCP lawyered up! Gonna have a hard time explaining all that
Cr3 valuation of JCP low side is $6.3billion, high side is $11.1 billion. Average is $8.7 billion estimated value. Judge can’t just toss this filing like he can shareholder letters !!!
Even better is they can prove JCP was never hopelessly insolvent!!! This is a great filing!!! Still reading it!
This is probably very true. Keep delaying and hope round two comes. Sickening but they probably are.
The last two runs he pumped and immediately after the run released memos basically telling shareholders there is no equity. My guess is he probably thought that would keep the light off of him but... notice after the last time he got real quiet when called out. My guess is he’s in some hot water for the role he played in the last two pump and dumps. Just a guess
Lol he’s probably being investigated for the last pump and dump.
Is this at $1 yet?
Oh boy... 100 post of nothing new this weekend.... let’s hope this week gives people something to talk about
This is true but Simon does have a track record of taking care of shareholders when they don’t have to... so if Simon is buying JCP I wouldn’t rule out a compensation for shareholders
I don’t personally believe Niko is either just my opinion.
If that happened here this would go ballistic. Which is exactly what Judge Jones doesn’t want for some reason
Don’t know what you are talking about. I was asking a question. If you don’t know then just say you don’t know. Pretty simple really
Weekend news coming?
Yikes this is not looking good
Turtle is a very good position if you are trained in how to use it. But for the untrained, turtle can be the worst position to be in. I don’t think management here at JCP are well trained in turtle...
Where on Earth did this come from?
Really? Cause... it seems like Niko set sail...
Another shareholder letter. I’m sure Jones isn’t going to like that one either. Lol
That would require the judge to actually give the EC a hearing.... lol... no one knows if we’ll even ever get one before they make a deal
I remember when I thought this company was legit. Complete phony company
Interesting all the stuff that’s happened and no update from EC. Maybe they are waiting till tomorrow?
Keep in mind Simon backed out of that deal which means it’s possible the same type of deal is going to be made for JCP
Interesting article about Simon
Simon Property Group (NYSE:SPG) has agreed to acquire smaller peer Taubman Centers (NYSE:TCO) for $3.6 billion. The deal is a huge statement about the mall industry, but it also has massive implications for Simon and Taubman. Here are four things to consider as you weigh the effects of this massive buyout and what it does to Simon's future.
1. A huge premium for the shares
Simon is paying $52.50 a share for Taubman. That's a 50% premium to where the shares of the mall-focused real estate investment trust (REIT) traded just prior to the deal's announcement. It's also about double what Taubman's stock price was on Feb. 1, before merger rumors started to swirl. Taubman's shares have actually traded above the offer price, too, which suggests that investors think that another suitor might come in with a higher price offer.
One thing that kept me going was I did read about a private company Simon bought out and still paid the private shareholders when they didn’t have to. Granted it was not a public company but it is possible Simon intends to make good with shareholders here if they purchase JCP
“Scope of Services
15. As set forth more fully in the Engagement Agreements, Deloitte Tax has agreed to provide professional services for the Debtors in accordance with the terms and conditions set forth in the Engagement Agreements, and as requested by the Debtors and agreed to by Deloitte Tax, as follows:
NOL Agreement
? NOL Agreement. Pursuant to the terms of the NOL Agreement, Deloitte Tax will assist the Debtors with the setup and population of the Debtors’ access to Deloitte Tax’s State NOL Insight technology tool, and will provide tax advisory services and assist with the computation and tracking of the Debtors’ corporate state NOL carryover’s through the use of this tool.
? Tax Consulting Agreement. Pursuant to the terms of the Tax Consulting Agreement, Deloitte Tax will assist the Debtors on general tax consulting and miscellaneous tax matters, as requested by the Debtors.
? Corptax Agreement. Pursuant to the terms of the Corptax Agreement, Deloitte Tax will provide tax technology services related to the Debtors’ income tax provision process in the Debtors’ instance of Corptax, including assistance with configuration changes to Corptax to meet the Debtors’ requirements.
? Loan Staff Agreement. Pursuant to the terms of the Loan Staff Agreement, Deloitte Tax will provide the Debtors with certain Deloitte Tax personnel to perform certain tax services, at the Debtors’ request and under the Debtors’ direction, related to (i) the
10
Case 20-20182 Document 1428 Filed in TXSB on 09/16/20 Page 11 of 146”
Based on what’s happened the last couple days. Now a new filing. Hired Deloitte tax llp. And no update from the EC over all this junk this week??? All this is very concerning
EC may be over with. This kind of concerns me.
My only thought on this was since he was on the EC maybe they purposely kept this from the filings until a deal was made.... I mean why else hold it and why release it all of a sudden now? So weird
This Bk gets weirder everyday. So much for full transparency
Please tell me this is fake news and what filing? I don’t see a filing yet?
Ugh. Not good at all