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SP looks like a Dump w/out support at this time unless Santa comes early ;)
looking good UPB
the way this is looking they might dump some news to get things going ,who knows . FAZ played out lately
as long as that support holds ,am thinking "should bounce" be cheap on calls
Futures look so nice like watching paint dry @ this point exciting
SPY bouncing
FAZ 42calls kicking in gear 2day
looks like .40 soon
a good butterfly spread keeps me safe in this crazy market,nuts
ALL DOWN FROM HERE
its done slow death here
worthless bloated pig thats deflating as I write this
I need 40k more
I was trying to be nice here ;) it will be in the 20's
this should be in the 60's what a joke
AMR garbage keeps halting ,just deflate this bloated pig its worthless anyway
I rode puts till .0001 all the way to .pk
Buying all the puts I can ,quit halting pig
I can ride this till ZERO
AMR inflated pig crashing
paid .07 for that inflated Pig
Here we go again
I agree
SINA trying 64 lets go
Hooker Furniture Corporation
Hooker Furniture Corporation Nearly Doubles Profitability for Fiscal 2012 Third Quarter
I bet they did pretty good, business booming recession or not :)
They seem like they are buying time that is all , I have read the filings and they dont look like there is much room to groom the common . The plan and what plan they might want has no credibility till they get the final ruling after everyone claims their claim. There is plenty
Well thats why the "BIG BOYS" went for the other option. The one that may guarantee them a better cut. Nevertheless common still becomes worthless in my view
well in its basics , they want more than what they would get if they had the option. They used this to get more $$$ from whatever stream they are going to get. Easy as that
the reason they filed is because whatever they hold is not enough to pay their debts so it does not matter, they can have trillion but if they can pay 10 trillion in debt than what they have means nothing.
I have no idea where these new rules are forming "some Judge ordered" where is this filing? I have not seen anything so who knows whats going on.
Levels of Financial Obligations
*
A business files for bankruptcy because it cannot meet its debt obligations. Usually, all creditors do not receive full payment. There is a hierarchy of creditor payment obligations a company in Chapter 11 must abide by. The first level is secured creditors, often banks. The company pledged collateral against these loans. The collateral may be real estate, equipment or investments. The second level is unsecured creditors, including bondholders, vendors and suppliers. Many will settle for a percentage of what is owed. The bottom rung of the payment obligation ladder is common stockholders. In most Chapter 11 bankruptcies, stockholders lose all of their investment. The stockholders cannot receive anything unless all secured and unsecured creditors are paid in full.
its even more worthless now since no control by big boy to get the $$$$ at decent pps . Hypothetical view but who knows ?
either way its not looking good for common
Well if the so called "BIG HOLDERS" cant sell than will they be treated like bond holders? maybe thats a good thing for "BIG HOLDERS" but company now is in worse financial obligation to deliver everyone their $$$$ that they don't have.
ook
Sp futures took another dump
uptrend supports much easier, down trends on the other hand hmmm
which support?
Agree CMF a very good indicator ,Timing is where it makes most sense. Always follow the lead.