Post by
amugsgame on Dec 02, 2019 9:27am
JE Suspends Pref Dividend and ups debt ratio
Losing the patient ...UK sale only $2.8 mil..that will do nothing to staunch the bleeding
Comment by
daytrade on Dec 02, 2019 9:58am
Restructuring? For another 2 more quarters....looking definitely negative as a share holder and a debtholder. No Future. Bankruptcy may be around the corner. A surprise news release. Very Bearish.
Comment by
daytrade on Dec 02, 2019 10:09am
Restructuring? For another 2 more quarters....looking definitely negative as a share holder and a debtholder. No Future. Bankruptcy may be around the corner. A surprise news release. Very Bearish.
Comment by
rico91 on Dec 02, 2019 11:05am
Maybe yes and maybe no. Saving money may make us look more attractive to a potential buyer! Who knows, maybe this is part of a looming deal. I found it very interesting that the divy cut was accompanied by a statement that the restructuring is not only "ongoing" but also "progressing ". I will not be selling!! Rico
Comment by
daytrade on Dec 02, 2019 12:57pm
You may consider to write some call/put contracts to limit any loss or gains. Preferred shares are at 52 lows..yet.shares are not. JMHO. Daytrade
Comment by
amugsgame on Dec 02, 2019 3:12pm
JE popped after the last earnings release. The cut of the divy to the prefs and increasd debt ratio shows they really haven't turned a corner - earnings may have looked good on paper but the reality may be a different story
Comment by
checkup on Dec 03, 2019 12:41pm
This post has been removed in accordance with Community Policy
Comment by
pennydredful on Dec 05, 2019 10:57pm
Gross management incompetence or Gross Fraud ? Were these real accounts or fraudently created accounts of a fraudently nature ?