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Bond

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Bond

Re: Turntheship post# 47104

Thursday, 11/08/2018 6:35:14 PM

Thursday, November 08, 2018 6:35:14 PM

Post# of 50165
Since you asked this question.
Why would discover growth fund pay 10,000 $ per stock and buy 85 preferred stocks at this time of game,only to be able to sell at 0.63$ each?
to recover 50$ out of this deal?
they could have printed 10-15 million stocks easily but instead printed only 85 stocks.
and also ask if backstop failed why discover growth fund is still around?

My opinion is not a recommendation to buy or sell any security. Your decision whether or not to make a purchase or sell should be based on your own due diligence.

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