if the judge doesn't approve i'm out and hope to not have a total loss.
if the judge approves, i'm holding until something definitive comes out re: the por. again, if commons don't survive i'm out and hope to not have a total loss.
if the por comes out and the commons survive, i am skeptical newco will have a game plan which keeps the stores viable and i will be looking for an exit point within a 1-3 year timeframe.
if newco becomes a reit, i will feel a little more encouraged about longer term prospects which would include selectively repurposing stores. i believe there is a lot of upside in the chicago metro corporate headquarters. they have over 2 million square feet of office space which over time could produce great value. additionally, i believe they have over 200 acres in their corporate hq site which can be developed.
i hold no prospects this will be a $40 stock. i would feel great if this were to get into the $10-$15 range.
who knows? maybe eddie will surprise us all.
if there really are 12mm shares short and some type of insane squeeze were to occur, i might look to cash out.
i'm not in this looking for a double or triple. already have more than a double and can't really sit on my computer to day trade and maximize flips.
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