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Hey Lone Wolf, I've gotten away from the

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the cork Member Profile
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the cork   Saturday, 05/09/15 10:03:19 PM
Re: Lone Wolf post# 9912
Post # of 9927 
Hey Lone Wolf, I've gotten away from the q's the last few years. I'm convinced there is a catastrophic economic collapse in the not too distant future. Policy wise, nothing has changed since those glory days (for us Q traders!) of late 08 and 0-9 period. If anything it's a lot worse. Consequently, I'm putting everything into physical silver.

As tempting as it is to get in on the next big wave of Q's, paper money is best spent right now on tangible assets. Awesome percentage returns on the q's won't mean much in a hyper inflationary environment. Anyway enough sermonizing.

It would take hours to backtrack those two Q's but on the surface it looks like Seaco is gonna gut the holding company, dump as much Sea Containers Ltd. debt as they can (and as much IT debt as they can get away with) into the holding company and emerge as a private entity with the major Sea Containers Ltd. stakeholders as the redefined stakeholders in the new IT company. Might issue new stock in the equivalent percentages if it stays public which would accomplish the same thing. I suspect current equity will be jettisoned with the rest of the debt.

I don't know about the other one. I don't have time to really check it out.

You know the drill. Never throw more into the Q's than you are prepared to lose if it goes wrong. The vast majority of them do. Pilgrims Pride and Chemtura were 4 digit exceptions to the rule of course, but even those guys had to know when to bail. Please keep in mind I can't give it the time it deserves so my opinions aren't particularly steeped in research LoL! Good luck with it, I hope you make a pile of cash!

.................................... MINING & METALS Board http://investorshub.advfn.com/~*~Mining-and-Metals~*~-15977/
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