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Re: JH Mcdough post# 7503

Sunday, 09/11/2016 9:27:37 PM

Sunday, September 11, 2016 9:27:37 PM

Post# of 8527
Trending methods are not very helpful for bankruptcy stocks, except on a day to day and hour to hour basis. Look at the last 4 hours on Friday. Something could be up, with the positivity in the last 4 hours. Even Master Blaster got quiet. In the late earnings report (nt-10q) there would of been a good profit if it wasn't for all the bankruptcy court costs, store closing costs, and exc. This may spike a little in the morning if some see that as good news and may be the reason for the spike on Friday pm.
As far as the court case tomorrow, I don't really see any thing that would affect this. Most would expect the bid to become official with out any problems and the auction finalized. All that will be left is the final updated POR that will be released sometime after the confirmation hearing on Tuesday and who knows how long that will take and exactly when. That news will determine which way this is going almost instantly and that is what the majority of the people who are watching or sitting on this stock are waiting for. There is no trend to predict that decision, other than previous news. Basically our fate will be in the hands of the new owners (The Mall Group) and how they want this to go. It would be nice if there was a committee out there representing the stock holders, but I have yet to hear anything about that.

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