AROPQ Is Still Baking and it might just have lots of yeast in it left. 3 days for a good clue on that. I put in for MYDX, but undecided if I should wait until they dilute with the extra shares, I have till 9:30 tomorrow morning to make the decision. I think either way a profit for that one. I have way more than 2 calls on STOR for Dec 16, I don't like to give exact numbers and dates. But I am planning ahead for that one and want to get out before the talk of the next interest rate hike on Dec 14. I put in a really high amount for exit strategy at this point, but that's just in case a fluke spike happens.
I still feel that Mall Group and the Courts are going to agree on something for AROPQ. They never said shares would be cancelled and that the Mall Group themselves thought they were buying a loser and that's why they stated to not expect anything. Now that gladly found out by surprise there is lots of profit in Aeropostale, AROPQ shareholders may get the next surprise. The easiest and least expensive way for the mall group to exit the old AROPQ is to make an offer that the courts and common will agree on. Either transfer equal value to mall group stock or pay out cash. AROPQ is not going to be zero. It might be 5 cents or 10 cents, but not zero.