Replies to post #67 on Destination Maternity Corp. (fka DESTQ)

[Value_Investor]

Do you know why some crazy shorters shorted total 1,313,100 shares of DESTQ most recently? They mus lose huge money very soon...

[Value_Investor]

How high do you estimate this hidden gem will go? My guess is $1.51 ~ $1.38 since DESTQ is the Mostly Undervalued and Mostly Oversold CH11-"Q" hidden gem among nearly One Thousand of its peers!

The Post-CH11 Huge Book Value is $1.38 now v.s. the Pre-CH11 Huge Book Value is $1.51!

Comparing to DESTQ, the retail peer SHLDQ is 100% Worthless Junk since its Book Value is Negative -$48.62 per share!

Anyway even a garbage stock like SHLDQ could soar 22.893-Bagger to $2.77 (which is Significantly higher than its Pre-CH11 Bottom $1.0x) from $0.121 without any good news at all!

DESTQ has the Pre-CH11 Bottom $0.33, so it will easily hit the Dollar Land!

[Value_Investor]

DESTQ has totally only 14,226,121 shares Super Tiny OS of which 3,746,121 shares are Restricted and just 10.48M shares Hyper Tiny float! This kind of Super Tiny FIXED SS can explode to the Dollar Land Within just a Single day with measly A Few Millions shares of Slapping volumes...

So once Huge Shorting-Squeezing kicks in here the 1,313,100 shares Huge Shorting position alone will drive the price back to its Pre-CH11 Bottom $0.33 at least...

The 52-week-high was $4.6948 which is 112.856 Times of its current ridiculous low price! So our potential Giant investment gain will be limitless!

[Value_Investor]

Paper Thin asks of Level2 v.s. Giant share's Demanding at the crowded bids! 10K-0.0042 x 27K-0.0043 now. The next Four bids are 151K-0.0416, 100K-0.0415, 100K-0.0413, and 101K-0.0412 v.s. the next Four asks are mere 10K-0.057, 100K-0.08, 19K-0.105, and 10K-0.1205!

Totally only 37K shares ask below 0.08! Which means the sales from the weak hands are almost done now!

DESTQ is ready to soar back to fill the Big Gap between $0.239 and $0.33! Any price below $0.2 are Steal!

Keep in mind: this hidden gem has $1.38 per share Liquidation Value which is the worst situation other than the company expected Reorganization!

Note, the Huge Post-CH11-Book-Value $1.38 equals to 32.86 Times of current ridiculous low price $0.042!

Buying 1M shares of DESTQ at $0.042 ~ $0.08 only costs meager $42,000 ~ $80,000 while those shares will be worthy $1,380,000 at current BV!

[Value_Investor]

Another Good News for DESTQ from the public article below!

we are confident that the steps taken today provide an opportunity to continue a marketing process that provides the most efficient means of maximizing value to our stakeholders. Throughout the process we will be focused on developing the promising interest already shown by potential bidders, and maintaining operational momentum toward a stronger business.

Among the entire 446 stores they only closed over One Third stores! So it is very possible for the company to emerge from the CH11 in the coming few quarters should strong revenue and income kick in...

https://multichannelmerchant.com/ecommerce/destination-maternity-closes-183-stores-files-chapter-11-bankruptcy/