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They do rank ahead of shareholders.
Ilene
no margin allowed on retirement accounts, regardless of whether you have another marginable account.
Hi all. There is a sale hearing on the docket this morning at 9:30. I'll be in court, tweeting, so you can follow the proceedings.
Find me #DelShareholder
Ilene
he never did. the fact is the judge can only rule on what is before him.
I don't carry my computer into the court room...and I have missed, many, many opportunities because of it.
This will continue to trade for some time, with peaks and valleys, presenting trading opportunities. Play them smartly or not at all, I don't care...but I have to hold shares of each company I sit in court following...its the only way I can speak to the court...as a pro se.
Ilene
I think Judge Walrath had something else on her calendar...she thanks the attorneys for their grace in allowing her to move the hearing.
I posted that in one of my reports from court...
Ilene
I posted that in one of my reports from court...
Ilene
thanks! packing up my gear now and heading over! see you all over there soon.
Ilene
I honestly don't know, but my assumption is that the information was time sensitive, for whatever reason, and that the time frame has since passed, so that it doesn't matter.
Or, the previous decisions have rendered whatever was previously sealed moot, and so its being unsealed.
I don't think anything should be sealed in a corporate BK case!
Ilene
haha!
Hearing has been moved from 11:30AM to 1:30PM today. See amended agenda...
http://www.kccllc.net/documents/0812229/0812229121210000000000051.pdf
Ilene
Thank you to all who follow me from the courtroom, and to those who have spoken on my behalf. I appreciate your comments and enjoy knowing that when I tweet, there is someone on the receiving end.
There may be confusion later this morning, when I follow the WMIH hearing. From 11AM to 1PM? (not sure ending time) I'll be tweeting, but not for AONEQ. I will announce when its the AONEQ hearing, ok?
And for further clarification: Bankruptcy stocks are inherently dangerous as long term investment vehicles. What I tweet, post and blog about are ONLY my observations in the court, or my interpretation of what I read, see or hear, based on 24 years in the investment business and 3 years covering Q stocks in the District of Delaware.
Ilene
will I see you this month in court?? :)
yw!
I may be around later, but now its workout time and dinner :)
Ilene
good question.
I would like to see push back on the fact that automotive, commercial and grid biz were sold, when previously the company announced they were selling off only the auto division. I like to see the Creditors Comm push back, in general, for the extreme haircut they'll take...and let them do the heavy lifting of arguing enterprise value. There has been an element of "get 'er done fast" in this all along, and I hope that someone brings to the Judge's attention that since there is time allocated in the APA for CFIUS approval, that we don't need to rush everything through.
From a trading standpoint, I think any questions raised that make this other than a slam dunk will be good for the price, at least short term.
Ilene
I'd certainly like something on the record from Wanxiang regarding their future plans.
:) but in the end, it didn't work, did it? I did read other posts, without my being named, that were equally bitter towards me. so I stopped responding. but that offer is always open, to every one.
Ilene
The Judge has been very candid in how he sees his job, which is to rule on motions put before him. So, anything could happen if an objection was made and supported. In the absence, however, of any committee/patent holder/shareholder/DOE, etc...stakeholder...presenting this to the court for a decision, he will not rule for either of those.
Ilene
It was. He accused me of "being in the loop" and so I extended an invite for him (her?) to see how not in the loop I am.
Ilene
I'm on record with that sentiment...but not too sure that I said it specifically about today. I have talked about manipulation and volume, though.
Ilene
no. I missed that! I only hope she was smarter, prettier and nicer than the real one :)
why? how?
thanks.
OK...going to try again...keep getting some odd error message :)
I don't know that it will be another bidder. But I do know that there are hurdles, timeframes and obstacles here that might change things.
Perhaps from court tomorrow, I'll have enough information one way or another, but at this point, I think the end is not yet known. This feels like calling the time of death on a patient who is still twitching.
Ilene
yw.
and just for the record, when I have thought that commons were complete toast, I have not been shy about saying that, either. In ABKFQ, TSTRQ and Blockbuster (can't remember ticker now) I clearly told shareholders that there was no hope...and got blasted, although in each case, what I said would happen, did. Both TSTRQ and ABKFQ are still trading, and both have shareholders who are still fighting, so the end result is still an unknown.
If I thought that here, I'd say so.
Ilene
Actually, Ilene's post on Twitter did not say that. I strongly believe that this is not done, and there will be twists and turns here.
Ilene
See you tomorrow, maybe!
Hi dear!
The agenda points to issues clearing up around the H's, I think. Additionally, the GS litigation may provide enough horsepower to start a waterfall, but only my guess!
Ilene
I'll do just that...
good to see you too!
Agreed!
Take care, too.
Agreed!
Take care, too.
David,
LOL...no accident on timing...I think that there are some meaty issues coming up this month on the docket.
Will anyone be coming to court?
Just a guess, but I think the market thinks a full court press might be successful this time around...
The price has been depressed for so long, maybe the recent spate of activity and court hearings moving forward every two weeks or so, is enough to move it?
Been well...fixed the link, btw. Hope you've been well!
I'll be at both upcoming court hearings, tweeting/blogging from both.
12/11 @ 11:30 and 12/27 (forget the time right now!)
Hi guys! Thought I'd stop in...
Ilene
Always good to be reminded of the great stories...the companies that took care of shareholders!
Thanks...and you're welcome.
Ilene
I can be found either on Twitter #DelShareholder or on Facebook at Delaware Shareholder Services.
Thanks. Have a great weekend!
Ilene
You're welcome. I am thinking that we may see some price/volume come in on Monday, but I wouldn't be surprised to have a fake out attempt even Tuesday morning.
I am a shareholder.
thanks Bill!!
Goodnight to all...off to my part time job. See you all on Monday!
Ilene
I can't do that...my guess is worth just what yours and everyone else's is...and I stopped making those guesses. Its a lose-lose...sorry. If anything gets filed or I hear/see anything of interest, I'll post.
Ilene