Just Hold Technical Analysis - check the differences between JCP price movement and Macy's or TJX. those two seem that they have already digested the coronavirus and they are ready to change direction (When?? we do not know). JCP keeps going down Fundamental Analysis: J.C. Penney could file for bankruptcy as soon as May 15. It is in talks to fund its business...
Retail sales data, industrial production data, and capacity utilization data for March all came in quite a bit worse than analyst forecasts today. The Empire State manufacturing index for April also hit a record low, falling nearly 40 points more than expected. Bankruptcies are also piling up this week at a much faster pace than last week. Publicly traded...
This is just a guess, I have recently been asked by a lot of friends if they think this is a good long term buy because its so cheap.. COME ON PEOPLE!! REALLY???? Hospitality is screwed!! I wouldn't be surprised to see most large cruise companies at the verge of Bankruptcy and one left standing to consolidate the industry to one massive cruise company. Im...
two options are on the table 1) liquidate the hold structure and create a new entity wif-ch mean existing shareholders lose all because simply the company is virtually bankrupt without Taxpayer money AND MY OPINION IS THAT THEY SHOUDL PUNISH SHAREHOLDER FOR TAKING THE RISK IN SUCH LOUSY INVESTMENTS , THIS IS CALLED CAPITALISM WITH ITS FULL RISK AND REWARD 2)...
Pre-Market announcement of US$100M Short-Term Convertible. Unfortunately, this confirms the assumptions I made in my latest video on my YT channel "DONGXii" > NIO is cash strapped and not able to close a big financing round. > 1B funding rumours with GAC will not materialise (for now). > Strategy is to finance operations through creating cash flow by selling...
$RAVE continues to look like it's heading for the trash heap. A reshuffling of management on Friday failed to instil any confidence in the market and the stock dropped 32%. This is one stock to avoid or for aggressive traders, go short. Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco),...
Party City has become a perfect example of going quietly into the night. Despite the immense amount of trouble the company is in, and their constant and predictable death spiral, the lack of volume goes to show that the market hasn't noticed Party City on death's doorstep. - Helium supplies being limited means that medical tech companies receive first dibs,...
Looks bullish based on every measure you can find. Volume is only ramping for breakouts, look for EoY selloff catalyst or ratings downgrade to go Sub $7.00
It's time to talk about the story of a decade! It is now clear, that General Electric has been cooking it's books for years now! Says Harry Markopolos, a legendary whislteblower, who runs a finical fraud detection company, famous with him exposing Bernie Madoff and his Wall Street firm Bernard L. Madoff Investment Securities LLC, a hedge fund that turned out to...
One thing is known. SHLDQ Chairman Eddie Lampert and his Hedge Fund ESL held commons, and therefore voting rights. Owning 70%+/- is more than huge, no one could take over the company without their say so. To say that commons will not survive is somewhat ludicrous. Why would Lampert cut his own throat? Commons have voting rights and thus, he controls the company’s...
Buying coins with good news always lead to losses. Let me explain why: Good-great-exited news coming from projects always when price peaked or heading to overbought areas and gives short-term small profits. Remember WAVES Remember TRX Remember XRP Remember XLM But for common investor-long-term-trader it gives loss. What about coins with bad...
Wait for it to re-test the new support level and look for 17's, if it goes by it and, again, re-tests it, we should be looking at 40's. Good luck!
I have taken a large position on Sears going into the Sale hearing on Feb 1st after a revised bid was submitted today for $5 Bil, giving it a valuation almost 100x the current Market Cap. I do believe the stock should more than likely do at the very least 3x the current PPS and at the very most 9x the current PPS going into the Sale Hearing. Here's some info I...
TOXIC POS TURD BANKRUPTCY Just a few names to describe this decrepit dumpster fire. There is no hope, flee while you still can, don't even try to catch it for a deadcat bounce, all bounces are bull traps, repeat after me ALL BOUNCES ARE BULL TRAPS! Play at your own peril. If you do have the funds however by all means go short, its totally worth it :-)
$BIOAQ's stock dropped more than 90% today presenting people who had not gotten in the play yet a chance to play a major swing trade for the potential of 200% or more ROI. Here's why: Many people are suspecting Rick the current CEO to have gone rogue and put out a false PR today given that the company has been in the process of finding bidders to buy it. The PR...
Just like many of the Texas Shale oil companies during the oil downturn with massive debt, Sears is what we're calling "Walking Dead" of the retail industry. The recent rally of price has likely come from many of the shorts closing their positions at large profits, and the huge drop has come from professional and retail traders alike identifying an opportunity to...
Do you all remember Sun Edison? Well, I've tried picking a 'long term' bottom on SDRL 3-4 times. In total, definitely lost some R's, but each got smaller as SDRL kept sinking. From here, it will be bankrupts in months if not weeks...
Ocean Rig UDW Inc.(NASDAQ:ORIG) $ORIG POSSIBLE BULLISH SETUP, 5TH WAVE ABOVE 0.75 INCOMING August 12, 2016 Shares of Ocean Rig UDW Inc. ORIG, were nearly halved in premarket trade Friday, after the oil services company said it would continue to explore reorganization strategies that could include bankruptcy given the continuation of "extremely negative" market...