School Specialty Inc (EM) (SCOO)

So long, no pun intended. Looks like nothing left for stockholders

News about School Specialty and its most recent transaction:

https://www.prnewswire.com/news-releases/school-specialty-inc-finalizes-recapitalization-and-sale-of-business-301131636.html

And from this news release at the bottom:
The wind-down and dissolution of School Specialty, Inc., to address any assets not acquired or liabilities not assumed as part of the transaction described above, will be managed by Ocean Ridge Capital Advisors.

The stock is probably worthless. Oh well.

Would love to see it breakout. Not gonna happen till we get updates though.

The longer this channels sideways, the bigger the pop north is gonna be imo



SCOO $$$

Dear SCOO,
Please provide some company updates. That is all.

Just do something already ffs

Just about every share traded was whacking the shit out of nice bids. No reason to slap because no updates from company still.....

Yep

Ready for a big pop



SCOO $$$

Who is whacking 100k into bid. Smh.

50k strong here.

Give me a dollar already!! Great action over last few days.

Agreed. Plus it looks like an ETRF ask wall to fill bids as jabrock mentioned

SCOO $$$

Looking good here! $SCOO

Walled

Looks ready to pop



SCOO $$$

Bid looking better

All we need is some decent ask slaps here!
$SCOO

Dece hits today.

Better bid support.

Looks ripe

Patient here imo big pop coming



SCOO $$$

Any damn day now. Why no updates?

Me too

Wish we can get rid of that yield sign though...

IMPC new on the ask?

Yep

SCOO loading zone imo. Any volume sends this flying



SCOO $$$

Yes. They have a lot of debt too but were taken over by a couple billion dollar private equity firms. TCW and Cargyle Group have controlling interest. Still under the radar.

is this number real?, really made 626.3Million in Revenue?, are you kidding?

School Specialty Provides Fiscal 2019 Results GlobeNewswire - Mon Apr 6, 10:15PM CDT

-- Fiscal 2019 Revenue of $626.3 million

Got the rest of my fill. 45k strong. More orders under .10 if we get a panic seller or fat finger. Now how about some damn updates!

Got a few more today. Now for some updates please....

Nice score

SCOO $$$

Got another 7000 today. Need about 10000 more.

Been trying as well. Not as easy lately



SCOO $$$

Haha. Yeah. I’ve been trying to fill 13s for a week. Only have got 2500 of 20000

lol patience pays here imo glta



SCOO $$$

ZzzZzzzZzzzzzzzz

A waiting game !

I admit the chart looks promising ... higher lows but we need to affirm the higher highs as well!

Still holding 15K shares on the hope this all works out. Their Revs are huge at least before the Virus hit us!

Adding the dip. Loading zone imo glta



SCOO $$$

Hmm... if you look at all their disclosures and website they are current all the way through 2019 with everything.. I would say they were due to renew their OTCQB.. and apparently late on that.
---
lets see how this plays out ... one knows their business was affected by schools being closed... but a NEW NORMAL is coming.
--

We got a yield sign folks! Anyone wants to chime in?

"Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC."

Well you can buy them today if you want.

Same, I doubled my position today ... will continue to add as I watch the ticker tape.

Adding here



SCOO $$$

.30-.35 is a tough range. Need to churn through. Added .29s today. Looking for .20 if the opportunity presents itself.

Agreed...
--
This is showing some great volume the last four days and today already four times the Daily AVG ....
--
TCW Group here for a reason as the controlling company .. picking up some more today

Nice volume so far today ! It’s gonna pop!
$SCOO