Unit Corporation (QX) (UNTC) 銘柄情報

UNCP changed to UNTC:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

UNIT Corp. added to the OTC. New ticker UNCP

https://otce.finra.org/otce/dailyList?viewType=Additions

UNTCQ: BK PLAN effective. All shares cancelled:

https://otce.finra.org/otce/dailyList?viewType=Deletions

This restructuring is a sleazebag deal for shareholders who get screwed so that secured lenders and noteholders get rescued. The truth is that the Superior Pipeline Company, L.L.C. property is not part of the CH XI filing. This asset remains the property of shareholders. But their interest is getting TAKEN and extinguished by Unit's management and Board who cut a secret deal with favored parties to remain a going concern.

Unit Corporation sold a 50% interest in Superior in 2018 for $300 M at a time where the petroleum market weakness was fully in force. That means that the 50% they continue to own and which is not part of the bankruptcy filing are worth $300 million, more or less.

Unit has 55.42 M common shares set to be extinguished shortly. There only two ways the "unfair discrimination test" can be avoided, which likely would trigger a CH VII liquiudation and put management out of a job and a loss of unfunded pension liabilities:

1. Provide common shareholders with a $300 M share of new equity representing the value of the non-BK Superior asset.

2. Pay every shareholder a one time claim without any impairment equivalent to $5.41 per share as part of the new Agreement.

IMO.

Still waiting for the same on SSINQ. will do the same....I hope

$hit. It`s running already. Missed that one.

Delisted stocks have moments of strong recovery. Take a look at MDR and Intelsat. Both MDRIQ and INTEQ have soared within the last week.

I believe that shorts take their profits on UNTCQ, the short covering will do the same to UNTCQ as MDRIQ and INTEQ.

Made a small pop right now. Short term Chart was right. Maybe going down now making some positive divergence in 2+4 hour chart. Let´s see what happens. trying to buy at 0.035.
GLTY

Thinking the same

short period charts starts working out. 30 min and 60 min looking intersting.

UNT changed to UNTCQ, bankruptcy. Delisted from the NYSE to the OTC.


https://otce.finra.org/otce/dailyList?viewType=Additions

BK filing

New here... No volume today.. Any news?

In April, 2020 the (UNT) Unit Corporation SqueezeTrigger Price was $0.25. If you had purchased UNT, the trade would have gained 14.58% as of today's price of $0.28. If you had traded 10,000 shares, you would currently have a gain of $360.00

UNT monthly pincher chart set up


Pincher chart

* * $UNT Video Chart 04-23-2020 * *

Link to Video - click here to watch the technical chart video

Encouraging move up today...oil will likely open much higher Monday :)

Grabbed some

Let's close the offerring and get an OPEC cut... BOOM!

* * $UNT Video Chart 02-26-2020 * *

Link to Video - click here to watch the technical chart video

* * $UNT Video Chart 02-24-2020 * *

Link to Video - click here to watch the technical chart video

Yea they been here

UNT has 52 Week High of $17.00, and we are only at $0.47. We have a long way to go and lot of money to make, til the next resistance level :) BuY BuY BuY

I also see the shorts are on here already being negative.

nice close and even better after hours

UNT


strong like BULL

So there are no discrepancies--->
We are extending the Expiration Date of the Exchange Offer. The Expiration Date was previously 11:59 p.m., New York City time, on Friday, January 31, 2020 and will now be 11:59 p.m., New York City time, on Monday, March 30, 2020, unless further extended. All references to the Expiration Date in the Prospectus are hereby amended such that the Expiration Date will be 11:59 p.m., New York City time, on Monday, March 30, 2020. Accordingly, holders who tender their Old Notes prior to such time will receive the Early Exchange Consideration, which means for each $1,000 principal amount of Old Notes validly tendered (and not withdrawn) prior to the Expiration Date, either $735 principal amount of Senior Secured Notes or $1,000 principal amount of the Junior Secured Notes, depending upon the election of the holder. Other than the extension of the Expiration Date described herein, the terms and conditions of the Exchange Offer remain as set forth in the Prospectus.

* * $UNT Video Chart 02-21-2020 * *

Link to Video - click here to watch the technical chart video

She ready to go

Sideline for now. Friday, no earnings, won't be till March 30th to know about offer exchange, and new CEO announced today.

Squeeze starting...

9M short... IF earnings are good, we could see a big pop!

* * $UNT Video Chart 02-20-2020 * *

Link to Video - click here to watch the technical chart video

Adding here

Very well said this is a 50/50 chance if the notes get taken care of this will jump 500-1000% in a 3 day span.

Until the note situation is cleared up this stock is high risk you just don’t know which way it’s going to go. They get the notes taken care of and this thing goes back to $5 -$10. If not bankruptcy with a quick restructuring chapter 11 and the companies back at the common shareholder loses everything. Right now it’s 50-50 unless you have information otherwise.

With that attitude, probably a loss. Lol

Riding huge position for tomorrow, either I will bank or I will lose.

You think we are ready now ?

Finally coming off the bottom. Undervalued. Volume could bring a big correction this week. All star cast of holders and investors. Multi-bagger potential. Tell a friend.

Starting to come across many traders radar for good reason. Big upside potential.

UNT - Unit Corp Shareholders - CNNMoney.com
https://money.cnn.com/quote/shareholders/shareholders.html?symb=UNT&subView=institutional

INTERESTING

On watch next week

Yep, a lot of big hedge funds like Blackrock are deep in this one. This may be finally a reversal in the making. This is so cheap.

mostly green candles this morn


UNT

Shorts would back off this could boom

Lottta room to go below

Wow what a recovery

This is just gross. I mean, what’s even a good entry price??

I bailed the moment I saw the offering was extended AGAIN. Sad situation indeed! :/ No catalyst for shorts to cover unless earnings are good this month...problem is we all know oil just tanked.

wow, guess the companies worth crap the way this is going down...stupid

Unbelievable that they can't get the damn thing closed! :/ March 30th now.. SMH