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April 2023
May is the beginning of a new future or the beginning of Toys R Us liquidation type deal.
Selling fixtures now in 200 stores getting ready to right abandon in next round.
Chapter 11 date??
Feedback appreciated
13 replies (most recent on top)
“I am well aware there is no way they are going to pay back their debt…”
You must be new. The endgame isn’t about paying down their debt, it’s giving Hudson Bay enough time to make a profit of a 1¢ stock while meme and hedge funds are left holding the bag.
I am well aware there is no way they are going to pay back their debt and they likely won't make it to December 2023, but the eviction notices are a new wrinkle I have not heard until now. What is your source for that? If true I highly doubt that is limited to the Northeast.
media is only talking about borrowed debt stores are being SERVED EVICTION NOTICES IN THE NORTHEAST! they have not paid anyone
so many lawsuits
this equity infusion cannot pay off 7.8 billion$$ owed
Its a house of cards
Selling fixtures in stores that are in the process of closing or in stores that are remaining open for the time being?
If they're being sold from stores that are closing that's usually how it goes.
It still adds to their bottom line most of it just turned in for scrap
The stock is a strong buy now! Any fool not recognizing this will be sorry a year from now when they could have increased their investment 1000%
“Looks like BBB accepted the challenge, stock dropped even closer to $1.00“
The stock should be at 1¢ by now if it wasn’t for all the manipulation going on. Get it low as it can get and let the memers and hedge funds drive it back up. Just wait and see. $400 mil needs to be paid back via stock.
Looks like BBB accepted the challenge, stock dropped even closer to $1.00
“The agreement with hedge fund Hudson Bay Capital Management LP reduces the share-price threshold the retailer needs to maintain as part of an equity offering deal to $1 from $1.25 until April 3, the company said“
Once again like my previous post. The bar is set so low and continues to get lowered. Stock manipulation from multi sides. Hudson didn’t just give the company $250 mil because they had pocket change. It’s making sure meme traders and other hedge funds are left holding the bag while they cash out.
Jacob Grimm has a new tale to add to their collection! SG is the new Rapunzel!
OK, two but not together. I am not making light of the situation.
Feedback? You still have to sell the merchandise you receive. The store broke its trust with customers long ago.
Amendment has one M
Absolutely straight to chapter 7
Nope, right to chapter 7. There is zero hope here, it's over. The stock is currently at 1.14 and still sinking.