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Re: Uranium post# 369

Tuesday, 04/12/2016 9:46:06 AM

Tuesday, April 12, 2016 9:46:06 AM

Post# of 4800
Perhaps. But in my limited experience it is a good sign. You will not know for sure until the 15th. The funds may not clear and settle in your account on the 15th although On the 15th you can call your broker and the will be able to see if the funds are in transit.

It would likely "trade flat" and get a prompt technical default ratting if they had missed the payment. Check out LINE or EXXI bonds. That's what it would look like.

Also they price that you'd be able to sell them for would drop out to almost nothing for a few weeks.

That happened to LINE not it is rather elevated for some reason...likely the residual value that they are worth in BK

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