I hear ya, but common sense sometimes dictates, but, there are 1000's just like you who won't believe till they hear it, thats what make the aftermath so fun. One thing sent it under a buck fake fed stories to NY Post about BK because of DB
That lease situation being confirmed as sorted alone should send it back alone, 17 million shares, no one filed 13G which is the law only company wouldn't have to.
Company that sold them for .17 bought them for 250 million and worked with company as activist investor since they bought them.
Company is a buyer of companies, Lane bryant in talks to sell all of a sudden finally get a PR ER in week and a half, then 3 days later that sale of shares with no listed buyer
Company in Cayman islands sells them listed as seller.
Another company under equity firms umbrella buys Lane gets little better deal on paper.
Company under equity firm umbrella that sold the shares to company for under $3 million dollars gets 250 mil write off.
Company wins, equity firm wins and 9% of OS are gone company has another infusion of 500 mil or so along with Maurices 200 mil
Its all my logic summation using common sense, but thats my opinion.
And if that happens which is a total shot in the dark, blindfolded, this thing is folding money, period.
Only thing that makes sense, or else tell me who bought those shares at a 250 mil loss and where 13G filing? Nothing else makes sense. he worked with the company he advised them etc if he wanted to sell they would have bought them and paid much more, he could have had a desk sell them for more and paid them .01 a share its 17 mil shares they make $170K
He doesn't sell those shares for for under $3 mil without there being a deal somewhere.
But that is just speculation and guessing with logic and nothing else, and for me logic works. Definitely cannot lose any money.
But I understand you and umpteen others wanting to wait, same happened with FRAN everyone wanted to see in black and white as you say "fact" and I understand that.
Its not real until its real, understood I get it.
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