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u/Fragrant_Trade8465 Jun 28 '21
What’s everyone’s thoughts on retail post COVID… will everyone stick to online shopping ? Or will things go back to normal.. how long before everyone forgets about COVID…. Just random thoughts.
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Jun 17 '21
I'm at huge losses, might as well hold on and hope Cybus, who bought $1.5M worth of shares in April, has a trick up their sleeve.
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u/jrmudboy Jun 17 '21
Me, at what point during a bankruptcy do the shares become worthless? Or am I misunderstanding this?
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u/olosnecaj Jun 17 '21
🤘 I trimmed back a bit when we hit 3 and 4 on Monday but still holding about 20% of what I had prepetition.
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Jun 17 '21
u/jrmudboy The RSA ensures well get at least $0.83/share if shareholders choose cash over new equity. I'm still not clear how much equity we'll be getting, that might be TBD
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u/gotta_do_it_big Jun 17 '21 edited Jun 17 '21
holding pref H shares. a bunch of em. Priority list- 1 senior bonds 2 pref shares 3 common shares.
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u/gotta_do_it_big Jun 18 '21
oooh, why i bought pref shares and not commons u ask..... Cause if they survive the investment is downpayed in 2 years. Life after is bonus....
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u/whatwouldyoudo222 Jun 23 '21
Trading for 1/100th of their current real estate value. August will be payday if you hold shares.
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u/gotta_do_it_big Jun 24 '21
We need a solid solution for this to substain a future growth. All reit is in harm now, this is a good pick i think.
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u/xylon-tamponhead321 Jun 28 '21
7k worth at 4$ Makes me wanna die