KTM to file for Bankruptcy/ Self Restructuring on Friday

Hammer 663s
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11/26/2024 9:11am
sam hain wrote:
I wonder how this will affect new bike prices? They sure threw the kitchen sink at the 25 MY line up with the special editions going...

I wonder how this will affect new bike prices? They sure threw the kitchen sink at the 25 MY line up with the special editions going across several model lines for Husky and KTM.

I can get my pick of Gas Gas, Husky, or KTM 24 250 FEs for 9200 OTD. by January I expect them to be $8000. MSRP of $11,000+.

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soggy
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11/26/2024 9:15am
MxAddic wrote:
Just what is it you claim I am so wrong about so I will know if I should admit it or not? You have extremely vague...

Just what is it you claim I am so wrong about so I will know if I should admit it or not? You have extremely vague about it.

Are you that much of a narcissist that you think you’ve actually never been wrong?


Ktm found funding, because the stock jumped 30%.


Today the stock is dead according to you. Both can’t be true. 

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MxAddic
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11/26/2024 9:16am

MxAddic is a stock market expert in this thread and an attorney in the LACR thread......🤣

 

And you are a ballsac in every thread...

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MxAddic
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11/26/2024 9:18am Edited Date/Time 11/26/2024 9:21am
soggy wrote:
Are you that much of a narcissist that you think you’ve actually never been wrong?Ktm found funding, because the stock jumped 30%.Today the stock is dead...

Are you that much of a narcissist that you think you’ve actually never been wrong?


Ktm found funding, because the stock jumped 30%.


Today the stock is dead according to you. Both can’t be true. 

I have said the Stock was dead for the last month. Where have you been?

Even if they had found funding, and my statement was clearly an "OR THINK", not have as you are trying to push the narrative, the stock would have still been dead to me.

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The Shop

fourfourone
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11/26/2024 9:19am

MxAddic is a stock market expert in this thread and an attorney in the LACR thread......🤣

 

MxAddic wrote:

And you are a ballsac in every thread...

oh, the irony of that comment. 

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soggy
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11/26/2024 9:20am
soggy wrote:
Are you that much of a narcissist that you think you’ve actually never been wrong?Ktm found funding, because the stock jumped 30%.Today the stock is dead...

Are you that much of a narcissist that you think you’ve actually never been wrong?


Ktm found funding, because the stock jumped 30%.


Today the stock is dead according to you. Both can’t be true. 

MxAddic wrote:
I have said the Stock was dead for the last month. Where have you been?Even if they had found funding, and my statement was clearly an...

I have said the Stock was dead for the last month. Where have you been?

Even if they had found funding, and my statement was clearly an "OR THINK", not have as you are trying to push the narrative, the stock would have still been dead to me.

Then why did you say they found an investor when it jumped 30%?  That would imply it’s very much not dead. 

1
11/26/2024 9:27am

Armchair board member goon's with low self-value and a high need to recoup it with baseless claims ... ready....set....go! 

🍿🍿🍿🍿🍿

 

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GrapeApe
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11/26/2024 9:30am
soggy wrote:

The only thing taken out of context is the stock jumping $3 and you assuming it meant they found an investor, or ktm thought they did. 

MxAddic wrote:
This is very common when companies are in trouble. A lot for crazy trading and wild price swings happen because deals go on and off the...

This is very common when companies are in trouble. A lot for crazy trading and wild price swings happen because deals go on and off the table behind closed doors. I hope that helps you put my comment into proper context.

So what you're saying is there were closed doors meetings where they thought they had obtained bridge funding and leaked it to investors (insider trading) driving the stock price up, only to later find out they were not going to obtain funding which they then leaked to the same investors (insider trading) driving it back down?

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Justthefacts
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11/26/2024 9:30am

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

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2
11/26/2024 9:30am

So I am gonna prognosticate here and say that in the future KTM's will be called Kove and have a Chinese and/or Indian owner.  I really hope that his fails to happen, but that seems to be the way of the world today

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soggy
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11/26/2024 9:30am
soggy wrote:

Then why did you say they found an investor when it jumped 30%?  That would imply it’s very much not dead. 

MxAddic wrote:

I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that pumped the stock 30%?  

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Justthefacts
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11/26/2024 9:32am Edited Date/Time 11/26/2024 9:33am
soggy wrote:

Then why did you say they found an investor when it jumped 30%?  That would imply it’s very much not dead. 

MxAddic wrote:
soggy wrote:
I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that...

I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that pumped the stock 30%?  

My best guess is it pumped by some big investors wanting to get money out.  So they effectively "pumped and dumped.". Just a guess, would have to see more info to be sure. I'd like to know what knowledge those people had, regarding inside information type things. 

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downonmonday
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11/26/2024 9:33am

What does this mean as far as the supply chain is concerned? I'd hate to ride my 350 and next thing I know it's a paperweight if something goes sideways.  

soggy
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11/26/2024 9:35am
MxAddic wrote:
soggy wrote:
I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that...

I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that pumped the stock 30%?  

My best guess is it pumped by some big investors wanting to get money out.  So they effectively "pumped and dumped.". Just a guess, would have...

My best guess is it pumped by some big investors wanting to get money out.  So they effectively "pumped and dumped.". Just a guess, would have to see more info to be sure. I'd like to know what knowledge those people had, regarding inside information type things. 

Yep, I believe thats what happened as well and posted as much above. I was just hoping addic would flesh out his idea for us to understand. 

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Justthefacts
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11/26/2024 9:35am
What does this mean as far as the supply chain is concerned? I'd hate to ride my 350 and next thing I know it's a paperweight...

What does this mean as far as the supply chain is concerned? I'd hate to ride my 350 and next thing I know it's a paperweight if something goes sideways.  

If they go out of business, type thing, I think you'd see a flood of aftermarket companies come in to fill the void.  Right now they wouldn't dare to make parts like that. But if KTM disappeared, you'd see a bunch 

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MxAddic
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11/26/2024 9:36am
soggy wrote:
I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that...

I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that pumped the stock 30%?  

Bro there is a they if the stock jumped. They bought.  Just like there was an offer in the Deegan thread where you insisted there was not. WTF is your problem?

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Hammer 663s
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11/26/2024 9:37am
For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well. "If a company declares Chapter 11 bankruptcy, it...

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in EU/Austrian bankruptcy law.

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Justthefacts
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11/26/2024 9:39am
For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well. "If a company declares Chapter 11 bankruptcy, it...

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in...

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in EU/Austrian bankruptcy law.

Where are they traded?  In Australia or US stock market?  Honestly never looked into it. 

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11/26/2024 9:39am Edited Date/Time 11/26/2024 9:40am
So I am gonna prognosticate here and say that in the future KTM's will be called Kove and have a Chinese and/or Indian owner.  I really...

So I am gonna prognosticate here and say that in the future KTM's will be called Kove and have a Chinese and/or Indian owner.  I really hope that his fails to happen, but that seems to be the way of the world today

KTM already has Chinese and Indian owners. Bajaj (India) and CFMoto (China) have pretty significant stakes in the company.

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11/26/2024 9:41am

Come on fellas, crack a beer, you're both good dudes.🙂

soggy wrote:
I agree, or at least I think I do. (Just leaving myself an out everytime so I never had to admit to being wrong because what will...

I agree, or at least I think I do. 

(Just leaving myself an out everytime so I never had to admit to being wrong because what will people think of me then) Wink

TeamGreen wrote:

Clarification: don’t crack a Bid Light…because, you’ll “open another can of worms”! 🤣

Real Mexican dos equis or modello.

 

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JazzyJJ
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11/26/2024 9:45am
For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well. "If a company declares Chapter 11 bankruptcy, it...

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in...

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in EU/Austrian bankruptcy law.

Where are they traded?  In Australia or US stock market?  Honestly never looked into it. 

You can trade it OTC in the US but they're mainly listed on the Swiss exchange. 

Rotaholic
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11/26/2024 9:46am

As soon as a company lists on the stock market it then becomes all about returns for share holders, unfortunately for KTM they have been heading in the wrong direction for a while and cutting costs in their products. 

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soggy
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11/26/2024 9:46am
soggy wrote:
I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that...

I’m still waiting for you to flesh out that full idea. Who is the ‘they’ you are referring to. Are they the same ’ they’ that pumped the stock 30%?  

MxAddic wrote:
Bro there is a they if the stock jumped. They bought.  Just like there was an offer in the Deegan thread where you insisted there was...

Bro there is a they if the stock jumped. They bought.  Just like there was an offer in the Deegan thread where you insisted there was not. WTF is your problem?

Ok clearly I am trying to have a nuanced conversation and you are a blockhead. 

I’ve got no problem admitting when I’m wrong. I’ve done it numerous times on here and am able to humbly admit I don’t know what I don’t know. 

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yak651
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11/26/2024 9:47am

Roger is going to have to work another 20 years to retire when his stock options are at $0

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1
11/26/2024 9:47am
For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well. "If a company declares Chapter 11 bankruptcy, it...

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

Thank you.That's what I was looking for. I think i'll sit this one out.  

soggy
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11/26/2024 9:48am
soggy wrote:
I agree, or at least I think I do. (Just leaving myself an out everytime so I never had to admit to being wrong because what will...

I agree, or at least I think I do. 

(Just leaving myself an out everytime so I never had to admit to being wrong because what will people think of me then) Wink

TeamGreen wrote:

Clarification: don’t crack a Bid Light…because, you’ll “open another can of worms”! 🤣

Real Mexican dos equis or modello.

 

Pacifico man over here. 

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Justthefacts
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11/26/2024 9:48am Edited Date/Time 11/26/2024 9:49am
For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well. "If a company declares Chapter 11 bankruptcy, it...

For those asking about stocks.  I thought about writing up some things. But this sums it up pretty well.

 

"If a company declares Chapter 11 bankruptcy, it is asking for a chance to reorganize and recover. If the company survives, your shares may, too, or the company may cancel existing shares, making yours worthless.

If the company declares Chapter 7, the company is dead, and so are your shares.

Owners of common stock often get nothing when a company enters liquidation since they are last in line for payment."

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in...

PMG/KTM is Austrian. None of that applies at all. There are entirely different rules there. I've seen no-one here post anything where they have expertise in EU/Austrian bankruptcy law.

It looks like even if they are euro companies, they file under US laws???  VW and Northvolt are examples. I'm not educated in this type of thing though, so just googling. Lol

 

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