Thursday, January 25, 2018 11:30:01 PM
It took too damn long for me and I got out a year or so back. I simply had too much crap in my portfolio at the time and felt I could invest the funds in something with a better risk/reward ratio. I got in early so I did alright.
Basically this boils down to the IMPHO holders voted to accept the sucky terms of the tender offer, and IMPHP shareholders did not. I don't see putting money into IMPHO. They dug their grave. The terms of the tender offer are very clear. They basically just have liquidation rights. If it gets to bankruptcy (which I doubt) more than likely the bondholders will get everything. I don't see any reason to own IMPHO or IMH. The payout to IMPHP holders I tyhink should put a pretty good dent in earnings. That said, I have not looked at IMH for months...perhaps years. I do think that IMHPO should at least be on par with IMH common at minimum. But, the market doesn't see it that way.
Is there anyone that can give me a link to a copy of the judges ruling? It would be most appreciated!
Happy trading, Joe
Look at every trade like a dog would.
If you can't eat it or play with it,
just pee on it and walk away.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM