InvestorsHub Logo
Followers 103
Posts 19936
Boards Moderated 2
Alias Born 03/05/2012

Re: None

Wednesday, 08/18/2021 9:27:20 AM

Wednesday, August 18, 2021 9:27:20 AM

Post# of 1674
Given up trying to make timeline predictions for DESTQ.

After 7 POR extensions, seems like neither the company nor Marquee Brands (who purchased all of DEST's assets, except for the NOLs) are in any hurry to close this BK case.

In any case, I've decided to hold ~$1K worth of DESTQ shares until the bitter end, whenever that might be. I fully expect DESTQ shares to be demoted to the grey sheets come Sept. 28. However, since I'm only holding $1000 worth of shares (my purchase price), I will continue to hold until this BK case is resolved.

It can't go FOREVER. At least I think it can't, LOL.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.