BK

peterpanic32

That’s a silly take if you live in a legit city. Sweetgreen, CAVA, Tender Greens, endless other salad places (Chopt, Mixt, etc.), Lemonade, Mendocino Farms, any random Poke place, and so on. You don’t just have to tradeoff between Chipotle and like McD, BK, Wendy’s.

DisgruntledOwls

>That amount can vary and specifically ***any other creditors*** - even subordinated debt creditors - are satisfied earlier and you never know if the book value can be achieved in a liquidation. Generally a really good answer but important to clarify that as a shareholder you are specifically *not a creditor* and in a liquidation proceeding would have fewer rights than creditors do. In the context of a Chapter 7 liquidation, shareholders have claims to the residual value of the company's assets after paying off all of the company's creditors (secured, unsecured, senior, junior -- doesn't matter), certain professional fees and court costs, and any other investors senior to common equity in the capital stack (i.e., preferred equity). Bankruptcy is one of the more technical and arcane practice areas so a BK lawyer could put a lot more nuance into this, but it's directionally right.

Admirable_Nothing

No they have to keep the price pumped up until the new shares are issued as they don't have a lock up on them. Then DJT can dump all that stock and bail himself out of some of his troubles. Then a few months later when the lockups are about to expire they will need to pump it again so he again can sell at a handsome price. Soon after the company will go BK.

Fureak

A lot of the bear thesis is emotionally driven, due to people not liking space Karen and which doesn’t have much to do with the actual business. Tesla still made money, and likely will continue to make money and are still leaders in the EV sphere. If you haven’t noticed, making EV’s is a very difficult business to be in, just look at the other EV companies teetering on going BK or the legacy automakers just lighting cyber truck loads of money on fire just to make terrible EV’s. There is still plenty of innovation that Tesla can do, regardless of the BS timelines that space Karen puts out there which the market loves to hear.

quaddles

Sigh 😔 back to flippin patties at BK

Mayday-Flowers

This. Earnings numbers the day of / after mean absolutely *nothing* .. unless the company's going BK or you get a ridiculous beat like Nvidia. Whale / tute positioning matters. If they can make more money forcing an illogical move, it'll happen.

Responsible-Point421

Take the name out of the equation, just look at shares outstanding. 262 million, just too many shares to squeeze. Could it get a couple dollar pump, maybe. Put the name back in, and AMC has a terrible ceo, still has too much debt, and the buggy whip problem, an increasing share of a shrinking market. Next stop BK

Marketspike

CSLR Internal Memo on the Short squeeze [https://ml.globenewswire.com/Resource/Download/5b9e0668-95fd-48ef-b2a6-3736dcb6c7f1](https://ml.globenewswire.com/Resource/Download/5b9e0668-95fd-48ef-b2a6-3736dcb6c7f1) Monday's trading for both of these names OLB and CSLR should be interesting. Short covering is the only way a short can book the profit...unless the company goes BK. And that is not likely in either of these situations.

chewbaccashotlast

Wasn’t the stock market doing just fine when CPI was reaching its peak a while back? The last week has been pretty nuts, not because of the 3-5% pullback but because of the volatility in some pretty heavy hitting stocks. After a strong finish to 2023, many small and mid cap stocks suffered in Jan and haven’t recovered. Sure there have been some thoroughbred winners but there are tons of stocks already down 20% YTD, all the while when big tickers and things like QQQ and SPY are only a week or a few removed from ATHs. It’s been a very interesting year to say the least. Q1 ERs seem to mostly be 10%+ down or up and many times lacking logic for the movement, especially as you go from midcap to lower cap stocks. And also stocks like CVNA can’t seem to do no wrong despite their financials being dogshit and BK threat in the not so distance future. If I could give a summary of 2024 it would read like this: - sentiment on EV trajectory and value lost a lot of value on stocks associated to it. - AI related stocks could do no wrong until the foot left the gas peddle, for reasons not making any sense for their rise or fall - most trading days have been choppy at the least, volatility has been wild on an intraday trading basis - Earnings Releases were met with more scrutiny or conversely praise with the market response. - it’s an election year lol

WeatherAgreeable1891

No, they will, that’s why they hide the secrets behind the dumpster at BK not Wendy’s.

lipmanz

Is it a buy in the 3s or is it BK

yungsta12

https://preview.redd.it/k0ekt8dma4vc1.png?width=1008&format=pjpg&auto=webp&s=56e71fdceb06c3a66a6efe93738d2933e43f2ce3 They have a profitable business. 6.5 million profits last fiscal year. They spend a big chunk of their cash position to prefund construction of 3 more parks and electrical upgrades last year for some of their parks. So yes if their audited financials are completely made up, then I have no argument. Which part is the major red flag for you that you think they will BK?

juvenile_josh

Dude sounds like Peter Gregory after ordering the entire BK menu

hugo_posh

I could sure go for some BK right now.

Ordinary144

The sudden interest in a bankrupting stock that sat at 2 cents for over 2 weeks shows that a lot of interested parties have recently developed a view that Fisker will escape BK in the near term. There is rumor that they have forged a partnership with Stellantis. I think this one will go back over $1 within 3 months.

lmaoAbu

What is BK? Bankruptcy? Also my broker only lets me buy 1400, any idea why?

Emotional_Ring_8283

I just know it was shorted to death and if the company survives it will go nuclear at some point if no BK...they just opened a dealership LOL so no one knows but if production starts up again and debt is put at bay it will pop

Emotional_Ring_8283

Tons of shorts banking on BK but they just opened a dealership after being in negotiating with Deutsche bank for a couple weeks lol so who knows but tons of shorts on it so it could go insane

manofjacks

With Rivian now at $8.xx, it's getting priced like an option, but with the only 'expiration date' being if the stock goes BK. Tempting.

pMangonut

You are forgetting all the MBA types ahead of BK. Paul Otellini, Shawn Maloney was next in line before he got the stroke.

backtotheland76

Put $SRNE on your radar. Sorrento Therapeutics has been in bankruptcy court for the past 15 months trading as SRNEQ but has emerged intact and tomorrow will trade under SRNE again. It has approved drugs, drugs ready to be submitted for approval and drugs in phase 2 and 3 clinical trials. It's focus is on cancer drugs with a cervical cancer drug approved in China last December, and non narcotic pain medication for chronic pain. It's currently trading in the so-called Expert Market so it's hard to buy for most people. But when it goes back to normal trading it could take off. It's been trading around .02 lately but was over .20 in OTC and over 1.00 just prior to filing for BK. It's diminished significantly after BK however could still go well over 1.00 short term. The founder Dr Ji is brilliant in the lab but a bad business manager obviously. However, it's known he hates shorts and it's thought the only reason he avoided Chap. 7 is to create a massive short squeeze. It's believed by many there are millions of naked shorts on Sorrento stock. Just my thoughts as a 7 year investor who made a ton of money a few years back and still owns several thousand shares. Please do your own DD. GLTA

Jeff__Skilling

> You won't get the correct answer here. That's because most posters on this forum will give you answers that are trading at ATH, vs tickers that are trading below their peers across all of your relevant multiples (EV/EBITDA, P/OCF, FCF Yield, etc) for no explainable reason. Good example of this would have been CHK in late 2022 when they'd just emerged from BK and had almost no trading liquidity (despite owning top notch assets, with much lower midstream costs from reorg). Now they're the biggest publicly traded natural gas pure play on the NYSE / NASDAQ

chewbaccashotlast

I didn’t think they would fall below $10 and it seems like they are getting beaten up more than they should. Of course they aren’t profitable. People should look at how Tesla secures their profits and the infrastructure/ecosystem differences between them and RIVN. its been a bad year for BEVs. The whole public policy conversion to BEV was stupid to begin with IMO considering no place in the US can support the infrastructure or adoption curves that idiots seem to project. No one makes BEVs profitably. Sentiment hasn’t been good lately. Other automakers are taking it on the chin. Oh well, I think RIVN navigates it better than most. The problem is the failure of Fisker (now) and Polestar (in the near future) will hurt RIVN stock price. The fact that it is still so highly institutionally held is good. The fact that Amazon has a large stake is good. It needs to navigate the choppy waters of negative sentiment and failures of their competition while improving their fiscal performance. To all the naysayers who think a company must be profitable in order to see positive price action, I would say CVNA seems to be doing quite well despite a worse balance sheet. It’s all how the market handles it and it’s bullshit that a POS company like CVNA is crushing it lately while literally closer to BK than Rivian and yet a decent company like RIVN gets pummeled. I’m in it for 4-5k shares CB $9.89 and think it’s a pretty safe bet. I don’t believe it will truck down to $5 nor I think it will jump to $20 but the $12-14 range seems reasonably attainable in the next 3-6 months.

1kfreedom

Seems like the "I'm tired" vibe is getting strong and stronger in our society. You are not alone. I think that is why RH and 0dte has grown so much over the last couple years starting during the lockdown. Tom Sosnoff spoke about the power of options betting (paraphrasing) - just how it asymmetrical. Like ok, take your shot and get the lambo, or just go back to be a financial slave (not his words). So it makes sense just to go for it. BUT, with one key thing you need to keep in mind. Setting aside morals for a moment, are you cool with losing it all, filing BK or whatever and starting over? Rereading your post seems like you would pay back the 15k debt. Like I said as long as you can own your choice. But I have been thinking about this other aspect lately regarding a different topic, how will you be as a person if it goes bad? It is rare someone has a ton of bad stuff happening and it doesn't leak. What I mean by leakage (not the behind wendy's stuff) is that will you start damaging people around you emotionally? Hopefully, not physically ofc. As long as you don't think you will break yourself, so that you will never recover. I have seen some big losses (to me) on WSB, I don't know how those guys recovered emotionally. Or even if some of them are still breathing. Sorry made this a bit too philosophical.

JuanSolid

It's on paper is the point, you definitely belong with us here. I did not knit pick enough since I never mentioned the interest payments or most don't qualify for such a loan. Just laying out the time and storage needed alone makes it a full time job and requires employees to protect your investment. You really think everyone is going to be able to do that? If everyone is a business owner, then who is the customer? Glad this is your full time thing and works out for you. No one else is an idiot for living their life a different way and having what works best for you out of their reach. Yes they are allowed to comment on CPI without being lambasted about how 'iF YoU KnEw, ThEn WHY NOT do SImPLe oBVIouS ShIT!?". All I did was pull what you did to them on you, and you seem to have not liked it much. Calling others stupid for not doing what you do, but listing a bunch of shit you don't actually do, is highly regarded and deserves to be called out like paper trading is all. I hope your business is not the one of the 4/5 that go BK ultimately. I don't even care you are spending time on here than running it. You do you, it's your success to make what you can of it. Good luck.

DisgruntledOwls

They're completely different. Propping up "the business" implies the business is running losses and would go BK or otherwise cease to operate as a going concern unless an investor provides additional capital through dilutive equity investments. That dynamic doesn't apply at all to maintaining a certain stock price which has little to no effect on the underlying business.

Rick_Perrys_Asshole

they almost went BK in 2022 before making money in 2023 they were also being sued for sex stuff they will be back under $20 a share

Friendly-Excuse400

I own a pool. I rarely shop at Leslie as their stuff is too expensive. I can find the chemicals I need at other suppliers for much less. Same for pool equipment. They did benefit during the great pool build during COVID kind of like JOANN did with bored people sewing at home. But that phase is over and their financials are a mess. Debt is too high and BK is certainly a risk. I would not buy this one as there are much better alternatives in the market. Good luck on your short.

surfinbird

I considered the BK Whopper bogo deal until I saw they were charging $8 for one. BK, GFY

Rick_Perrys_Asshole

sir, you are late to the party you had a chance to buy at $60, $80, $100, shit even at $120 you could have ridden up to $140 ANF is not CHEAP. Look at what is going on with other retailers ULTA, ELF, LULU, PVH, NKE, etc they are ALL warning about shit sales and guiding down rest of the year. ANF almost went BK and then pivoted to not shit clothes with douche models. and some algo got ahold of it and squeezed shorts ANF is on a ticking time clock and will dump hard and fast. at around $50 a share it was on the expensive end. but there is no fucking way better managed companies like ULTA and LULU get hit hard and fast with retracting sales AND THEY HAVE CULT LIKE KAREN FOLLOWING and some douchebag company like ANF continues to grow retail sales have been in the shitter and they were riding a semi decent q4 .. but their next earnings are going to be utter shit and it will tank 20-30%

PIK_Toggle

Tesla doesn’t have legacy labor issues like other automakers do. During a downturn, they should be able to adjust production to balance things out. The Big 3 are also poorly run companies. Chrysler has filed for BK twice in the past 40 years. If it wasn’t for the UAW, the company wouldn’t exist.

Run4theRoses2

Its BK bound - with his ass in Prison

Responsible-Point421

More likely BK than squeeze

WIlburOne

AMC circling the drain. No hope for them to raise the cash they need to survive. BK imminent. Memesters stubborn/stupid enough to stay till the end will lose it all.

-ATL-

Hey everyone! I'm looking some advice regarding ETFs. I'm in late 20's, live in EU. I'm looking to start investing with the mindset of buy and hold for long term 10+ years at least. After doing some research I'm currently thinking of doing mainly a 1 fund strategy with an idea to pick 1 ETF that follows some type of all world index. In my country it's best to do accumulating ETF due to tax reasons. I've recently made interactive brokers account and plan to use that for investing. I have about 20k of money and I'm looking to use about 10k of that initially to invest. I've found the justETF website and I'm currently in process of trying to find ETF to fit the following bill: -Accumulating -Low TER -All world with US heavy -Has listing with currency being euro and Domiciled in EU -Full replication or sampling Slight issue I have is that punching that into the justETF gives a lot of options. What I'm wondering is that are there any other things I should be paying attention to so I can come up with 3-5 options to compare? I've also additionally added filters for fund size of 500M+ and older than 5 years and still got 50 options or so. Any downsides with those filters? Currently I've been looking at following: [SPDR MSCI ACWI IMI UCITS ETF](https://www.justetf.com/en/etf-profile.html?isin=IE00B3YLTY66#overview) [SPDR MSCI World UCITS ETF](https://www.justetf.com/en/etf-profile.html?isin=IE00BFY0GT14#basics) [Vanguard FTSE All-World UCITS ETF (USD) Accumulating](https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80#overview) [Vanguard FTSE Developed World UCITS ETF Acc](https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQV03#overview) Some additional questions: -If I have 10k I'm looking to start with should I break it to for example 5 x 2k purchases with 1 month between each to avoid bad timing on buying? -Any thoughts on All-world vs Developed world vs S&P 500 etc? -Any additional things to take into account? I guess lastly does what I'm saying make sense. Let's say I would choose the first ETF that I listed in the post and purchase 10k worth of that initially and then keep buying monthly with 500 or so more. Does that make sense as some one around 30yo who is looking to invest for long term and maybe eventually gain financial freedom.

FredMc

Good thing for BK law. 🤷‍♂️

SimilarTap1419

DJT has virtually no revenue no employees massive loses yet people will buy it. Market worth is 0 but to be nice I would give it a .0005 valuation just before it declares BK.

Final_Historian7309

NVDA filling for BK 

bak2skewl

they will reverse split, declare BK and relist.

RGN_Preacher

Yeah I was hoping for more. This might provide a few months extra of runway before BK court.

mobap99

You’re underestimating what could happen if socialists get more congressional seats. If they don’t vote to bailout, a lot of companies will go to zero. They can stay in place and get recapitalized under BK rules, with more regulations of course. But life would go on… no ammo needed

Impressive_City3147

Bill Ackman would suggest BK, I believe.

Roxaos

I don’t understand why the DOJ wouldn’t block this acquisition regardless. It’s not like Spirit wasn’t in danger of BK during the last acquisition attempt.

yungsta12

Any chance this one ACTUALLY comes out of BK with shareholders intact?

yungsta12

For sure, but this one ain't it. It's a dumpster fire who is slashing prices on the last of its inventory in a firesale to recoup ANYTHING. Chapter 11 BK plays can work out but this one is done. Nobody is going to restructure this.

BreakfastShot839

Don’t be so down Brother. BK this debt and move on. Lesson Learned right?

Revolutionary-Ask699

Can we add a few more non-AI tickers? I picked these as they have earnings coming in the next 2 weeks and are well rated by analysts. It will help compare how the model predictions line up (or tweak them) before we get into the big tech earnings. PAYX - April 2 AYI - April 3 RPM - April 4 SGH - April 9 PGR - April 12 LRCX - April 15 BK - April 16 FULT - Apriil 16

Nuts4Puts

I guess: if Polestar misstated their cash (deliberately or not), then that’s a huge deal. The delay in reporting the 2023 Annual smells like a smoldering garbage fire. Combine this with Fisker in the news recently and going BK/delisted, Polestars pump last month (financing news+dead cat bounce?), and lowering enthusiasm for EVs, and this becomes a compelling play (at least to me).

Nuts4Puts

This is a completely binary play - either they go BK, or my position does. 10-1 payout if I’m right.

Different_Monitor_34

I just bought some shares. I owned this during the pandemic and made a decent chunk before exiting most of my position. I knew the company hadn't been doing well and was a potential BK risk, so I was surprised to see they were continuing to open new stores. It would appear all their new retail locations are small-format stores selling Elfa and their other high-margin stuff closet type stuff. I also know they are trying to find a partner for doing a store within a store. Like the Kohls/Sephora partnership. I could see if the small format TCS doing well, someone will jump at the chance to have them in their big box store. Crate and Barrell, West Elm, Nordstrom, Saks... etc Has anyone been to one of their newer small format stores? I am curious as to what your experience was, what they look like, and what traffic is like.

Ok-Zombie-Crypto

Either this goes BK or short squeeze - ladies and gentlemen place your bets! 

Several-Eagle4141

The company can file BK, that liability remains. Every day that port is closed, all that cleanup and rebuild. Someone is going to pay dearly

CascadiaRocks

Not to mention that each hospital is a separate business, each with CEO/COO/CFO/CMO/etc., incorporated in a manner they can BK that location without affecting the mothership. As a result, there is nearly zero economy of scale where it does not line their pocket.

NotawoodpeckerOwner

Gotta be weird being the guy at Citadel who put BB, AMC, GME, and BBBY in a bankruptcy basket all those years ago. You lost so much money yet BBBY went BK, AMC and BB are diluting like crazy while burning cash and are down at decade lows, GME doing alright I guess. Nailing 3/4 and losing so much money has to be infuriating.

Tesla_lord_69

I am getting in 20$ puts out 6 months. Caustic company is primed to go BK

LossesGoBoom

I may have less money than you. But atleast I’ve already secured a spot at BK

itsHrist

Hi, I live in europe and I wanna start investing. I'm 27 already employed and not too risk-averse (since I'm still young). So I did some research and I was thinking to split my portfolio as following: * 50% [FWRA ](https://www.justetf.com/en/etf-profile.html?isin=IE000716YHJ7)--- "safer" % -- lower ter than [VWCE](https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80), but it's newer and it has less holdings (1.6k more or less) * 40% splitted into -> 25% [QDVE ](https://www.justetf.com/en/etf-profile.html?isin=IE00B3WJKG14)(US Technology) and 15% [XDW0 ](https://www.justetf.com/en/etf-profile.html?isin=IE00BM67HM91)(some energy to diversificate a little) --- risky? % * 10% on [EXUS ](https://www.investing.com/etfs/exus-xetra)(really new and should be the first ETF that excludes the US avaiable in europe) --- idk how to classify it 'cause it's extremely new, it should replicate [VXUS ](https://etfdb.com/etf/VXUS/)but since I'm in europe I can't buy it so this looks like a nice bet. ([EXUS's article page](https://www.etfstream.com/articles/dws-launches-europe-s-first-world-ex-us-etf)) So I'm planning to add some money every month while keeping the same % for now, I'm planning to keep investing for the next 15-20 years and of course I'll make some adjustment. I'm overexposed on US and US Tech so... lmk what you think

itsHrist

Hi, I live in europe and I wanna start investing. I'm 27 already employed and not too risk-averse (since I'm still young). So I did some research and I was thinking to split my portfolio as following: * 50% [FWRA ](https://www.justetf.com/en/etf-profile.html?isin=IE000716YHJ7)--- "safer" % -- lower ter than [VWCE](https://www.justetf.com/en/etf-profile.html?isin=IE00BK5BQT80), but it's newer and it has less holdings (1.6k more or less) * 40% splitted into -> 25% [QDVE ](https://www.justetf.com/en/etf-profile.html?isin=IE00B3WJKG14)(US Technology) and 15% [XDW0 ](https://www.justetf.com/en/etf-profile.html?isin=IE00BM67HM91)(some energy to diversificate a little) --- risky? % * 10% on [EXUS ](https://www.investing.com/etfs/exus-xetra)(really new and should be the first ETF that excludes the US avaiable in europe) --- idk how to classify it 'cause it's extremely new, it should replicate [VXUS ](https://etfdb.com/etf/VXUS/)but since I'm in europe I can't buy it so this looks like a nice bet. ([EXUS's article page](https://www.etfstream.com/articles/dws-launches-europe-s-first-world-ex-us-etf)) So I'm planning to add some money every month while keeping the same % for now, I'm planning to keep investing for the next 15-20 years and of course I'll make some adjustment. I'm overexpose on US and US Tech so lmk what you think

pete_topkevinbottom

That's exactly why it will continue to grow. If I go to McDonald's, Wendy's, BK etc. I would typically spend 10-12$ and the food is shit and I feel like shit. If I go to CMG I pay 10-12$ and the food taste good and don't feel like shit or shit my brains out.

AuditControl_Inbox

Its a sunk cost at this point, don't hold to the bitter end just because your scared to admit you fucked up and have to realize the loss. You can take the remaining amount and redeploy it somewhere else that could easily make it back faster than hoping this penny stock doesn't go BK soon.

FullPortDildos

No, I literally bought $10puts on it for Jan26 because I assume Saylor is going to jail and MSTR will file BK

Heat_Certain

Why would you say its going BK? What is your proof to back it up? Just because they are losing money per car? Didnt tesla almost go BK as well?

yodamelon

Need SOUN to declare BK.

roke34442

I’ll have a BK Big fish with cheese and a chocolate shake.

wowthisguyoverhere

Dude BK has been KILLING it, you are missing out imo. The snack wraps are fire, and they even have a new buffalo one ill be trying tonight. The bk by me always serves fresh and hot food. I'm getting some snack wraps and a whopper with cheese. When the whopper is made correctly it is 👌.

SpareMark1305

The IMV thing (why they didn't sell before BK) is curious. My theory is the original or long time CEO left about 2 years before collapse. I think maybe new CEO, who was hired internally I believe, didn't have the experience to handle it. They laid off about a third of their staff. They were really top heavy and the collapse was so fast, it does make you wonder. I also have some crazy conspiracy theories because the fit is so good, but I'll leave those out. Lol. Most shareholders are Canadian. Super nice and polite. I tried to get them to post on Reddit but they just talk to each other. Reddit can be a bit brutal. It's a dice roll for sure, but pennystock bio always is and to me, I like that this doesn't appear to be doing the offer, bleed & borrow route. Also no debt which I felt was a getting acquired positioning move. IMDb - I was as surprised as you. To quote "Get Shorty" - everybody wants to be in the movie business. Lol

dumbITQuestions

**Conservative ETF instead of bonds in 60/40 portfolio?** Hi everyone, I am looking to add a more conservative item to my ETF portfolio while keeping it all-equity. Like 60/40 portfolio but instead of bonds use more conservative equity ETF. It is for early retirement and with horizon of 15+ years before first withdrawal. I was thinking about something like low volatility ETF or ETF based on dividend yields instead of just market cap. Something like [MINV](https://www.justetf.com/en/etf-profile.html?isin=IE00B8FHGS14#overview) or [VHYG](https://www.justetf.com/uk/etf-profile.html?isin=IE00BK5BR626#overview) - accumulating, globally diversified and not small. Does it make sense or is 100 % [WVCE](https://www.justetf.com/uk/etf-profile.html?isin=IE00BK5BQT80#overview) the better option? What would you suggest?

Astral_Objection

BK doesn’t have shit on Wendy’s

FullPortDildos

This is 100% the guaranteed outcome within the next year. I have 2026 puts on MSTR, essentially betting that it files BK. Leap calls on BITI.

Zednot123

> He said they're too big. He's been saying that for a very long time. First time I heard him say it was like 10-15 years ago. "How do you beat the market when you have become the market" or something was what he mentioned in a interview. When asked about BK outperforming the index over some time frame.

VizzleG

BK! Do it.

Horror_Movie_5735

You keep saying "this is about the law" and a BK Judge's order compels Goldman to do as you say, so quote me precisely where in Title 11 of the U.S. Code these requirements are mandated on an unsecured creditor's internal accounting practices.

PsychologicalTree157

What I am not grasping is not paying your bills and being upset that people do not want to extend credit to you. Pay your bills. I went through a horrific time - could have declared BK but I refused. And I was 500K underwater. I righted the ship, paid it all off in 5 years and things are trending up again. Sorry but I have zero sympathy for your situation and if against all odds you get traction with your legal quest I hope I am on your jury.

mrblack001

They burned through their cash, dilution or significant borrowing coming up (of they go BK)

garycow

BK ... have it your way!

SpiceyXI

So, the short of it is the Fisker you are thinking went Bankrupt (they lost a bunch of cars due to a hurricane and had the battery supplier BK which really pushed them to BK) and the Chinese company that bought it kept all of the good stuff, but the name. They are called Karma and are still around producing cars. Fisker kept the name and started up a new electric startup we know today as Fisker. Which, now seems to be on the cusp of filing for bankruptcy... [Karmas Wiki](https://en.m.wikipedia.org/wiki/Karma_Automotive) [Hurricane Sandy killed $30M worth of cars](https://jalopnik.com/fisker-lost-30-million-worth-of-cars-in-hurricane-sand-5958523)

Pewpatrol

Only since 2019-2020. This thing is like a coiled spring. Huge amount of potential. Basically a play on supply (offshore drill rigs) vs demand (oil). Offshore Drill rigs are becoming more scarce, and unlikely for new builds to come online, pushing up contract lengths/dayrates. The largest unexplored basins for oil are also offshore, able to provide oil for decades. Versus short term shale production. And oil demand is not going down anytime soon, as energy demand from developing nations increases. The only thing weighing this company down is debt. Unlike all of its competitors, Transocean did not default/BK during the last 9 year downturn-saving it's share holders. But also making cost of financing a little more expensive.

Great_Reaction3629

Bankrupt? C'mon haha. That isn't happening... If they go BK, most MSOS will go BK

Responsible-Point421

I have no knowledge on BK, but 3 or 4 years ago the store was fun to go in, they had a lot of cool stuff....this christmas i felt like the only thing they were selling was rope so people could hang themselves

galactaco

Been craving a whopper from BK their fries be up there 

TheDevouringOne

It’s likely a combination of all of the above. I was just saying that’s why they didn’t make the payment. There is no point. Unless the terms and contracts are amended or they declare BK.

Technical_Subject_24

Short answer: Yes, people are sleeping on miners, which often lag BTC going into the halving. Thoughts on CLSK, MARA, and RIOT, and my favorite miner (CORZ): CLSK: Up 291% in the last 6 months and taking a breather. Great company. I own lots of call options between 4/19 and Jan 2025 at many different strike $s. MARA: Systemic inefficiencies in Feb 2024; folks are annoyed by the recent $500M ATM when MARA is already hodling lots of BTC...but still the big dawg, and they'll get it together. RIOT: Shady to delay an earnings call; bad optics; fundamentals/bones are fine and the future \*may\* be bright. CORZ: My favorite--but risky. Mined 893 BTC in Feb 2024, more than MARA (833) at a fraction of the market cap--and more than ANY other publically traded miner. Their recent exit from Chapter 11 BK means that a lot of institutional money will wait for one or two earnings reports before deploying capital--and the first earnings report is TODAY (12Mar24), after-market. Very, very deep into CORZ calls.

JackAndy

He got Bowinged. I hope this isn't a thing. I have secrets about the BK Big Whaler and Rodeo Cheeseburger. 

Mr_Deep_Research

It doesn't really matter to him. The trade for him is simple. Take an asset class, buy it up with debt, the price of the asset class goes up because you are buying, this makes your stock go up, issue convertible stock, buy more of the asset class, asset class goes up, stock goes up, issue more convertible stock, repeat forever and unload millions each day in the stock so if the company goes BK, what do you care https://www.nasdaq.com/market-activity/insiders/saylor-michael-j-59851

akapea91

File BK. It’ll wipe out the CC debt and drastically improve your DTI ratio and you’ll get approved for a car loan right away

Mordeking

After you file BK are you unable to take options in the future?

Davethemann

Theyll toss him in the dumpster behind a BK when he cant pay

grahamaker93

I love how you have to clarify that BK is not burger king

People4America

BK is literally your only option. I’m sry dude.

tayfor2011

11 is still a real possibility but I think it is about a 10% chance now compared to a 90% chance a month ago. I don’t think Enviva will be the name on the door a year from now but I don’t think they go BK

TangerineRoutine9496

I filed for BK and all I got was a Whopper

DadJokeBadJoke

That's because you can have it your way at BK

duke9350

What’s next, BK? I don’t mean Burger King.

asapberry

thank you for clarifying BK, i wasnt sure about that

LosWranglos

So he either files for BK or BJ… got it.

OriginalFluff

Ty for the BK clarification… adds clarity to the email I ignored recently…….

r33s3

All the regards that keep answering with jokes when it says "genuine question" clearly belong on here because they can barely read a sentence let alone a TA. The debt will follow you. RH will file suit to garnish wages or collect on their assets, OP will probably have to file BK (bankruptcy, not Burger King) or spend his last few dollars on kneepads and mouthwash and set up shop behind the Wendy's dumpster.

MakeItMine2024

I actually mine with a 150,000 rig and there are a lot of mistakes you can make .. I INADVERTENTLY made 120k in mistakes and have mined about 180,000. I’m currently netting 5,000 a month and that should get to 15,000 within 8 months. The same 5000 I make now could be 20,000 if held in future months. RIOT was Founded in 2020 and successfully navigated a winter without declaring BK or Chapter 11. I myself had to learn the hard way. Mining is tricky but RIOT has great management.. they blew out earnings last quarter with 40,000 BTC

OkPlan123

I’m gonna give you a talk like lance armstrong in dodgeball… In 2019 I thought I was on top of the world. I had over 500k in the bank, I had some crypto, and I built up a well diversified stagnant dividend portfolio that my grandpa left the family from like 120k - 500k in a couple of years. It would produce around 18k a year at the time. I started the uptrend with selling some 1k -2k of shares of CMA getting into 220 shares of CMG at 272. I diversified the portfolio well and it seemed like 90% of the moves a made panned out quickly. I would always use CMG as my savings when it was on the up before a downtrend I would sell some shares to play around and make some money in a position and kept adding to chipotle. One day I saw the downtrend about to happen for chipotle and I now had 450 shares. I saw a good day trade opportunity on a stock I had some luck on in the past. They were expected to have a positive earnings report from a lot of good moves and their sales were extremely strong that quarter. Well I sold the CMG in its entirety because I saw the pattern of the downtrend (which I was right on) and went all in on this stock the day before earnings. Woke up, and instead of an earnings call they went Chapter 11. That CMG position is worth around 1.2mil right now. Had a couple hundred shares of TSLA that year too and I took my 25k profits on to pad the CMG that could have been worth 500k now. I bought into PDD and BILI early which at the heights would have been worth 750k if I held til then. Now to the crypto. I had a mentor that helped me in a lot of aspects of my life and mindset. I sold all of my crypto because he was convinced they were all a scam. If I held the BTC, ETH and DOGE I had then, at times together they were worth 4mil. Now we get to the cash in the bank.. was looking to buy a house. Found a perfect not dream home but perfect home for a single me to be set until I had a wife and 2 kids. Like a lot of people here, I was just waiting for that housing crash. Well the house I didn’t buy 2.5Xed in value and is worth 2mil right now. What I did end up using the cash for was a business opportunity that I was told I would just be needed a week a month and the person I knew a long time had a good track record and was fully capable. Well let’s just say my week a month turned into 3 years of staying there. He didn’t execute his side of the bargain didn’t execute shit. Night and day from the person everyone knew him as for years. Well then he died of the vid and I was stuck in a business that wasn’t mine/my forte that was fully built wrong, not profitable but had to be completely turned around while it was a running business and also by ran. Well I did all I could, my health was suffering and it was just time to call it quits or possibly die myself. I’m now 500k in debt and going BK with nothing except I got married along the way so I’m not in it alone. I’ve felt and know what you’re dealing with, my run up was off a heart break. It fueled my fire. I’m looking for the fire again too, but at least you’re alive and there’s mistakes to learn from. I have a family business that exists it doesn’t make a lot, but it pays the bills for everyone. The lessons I learned and trials I went through I never would have learned if I didn’t go away. With those lessons and the foundation I have, I can grow the business like the generations before me didn’t do. I took the risk and got whooped, but what I have is the knowledge, know how and experience to know what to do when I have the opportunity to grow. It’s rough, some days you don’t want to get out bed, but look life happens lessons happen and trails happen. In the Bible it speaks of these trials, all of the notable prophets in the Bible had trials. Trials build us up to the person God wants us to be. Without trials, you’re already a lost cause. There’s a plan for you, there’s hope for you. you got this.

ILoveJihyo34

I clearly said it isn't a short squeeze play. The play is if they don't declare BK on Monday.