InvestorsHub Logo
Followers 175
Posts 6752
Boards Moderated 0
Alias Born 12/26/2012

Re: None

Wednesday, 10/07/2020 10:24:03 AM

Wednesday, October 07, 2020 10:24:03 AM

Post# of 111123
~ Hey BoardDork', Welcome & Glad To See You Here ~

I'm a new guy here as well, having opened up positions in all "4" back in early 2019', based on the future tense income generation' ...

These guys are a strong and very smart group, full of relevant information' ...

... Here are my own current conclusions', and reasons for opening up positions in all "4" last year after having been asked to research the capital trust backing aspect of these security's ...

It is my opinion that, These CT's will eventually activate and be reconstituted, or they will be bought off' entirely, ... if reconstituted, which is what I believe will happen, the market will quickly handle any price assigned for their purchase' on the open market', face ($25.00) plus a very nice long term yield return accommodation' ...

JPM was / is the original Trustee', so the mistakes made, ?, well you know' ... anyway, it's my opinion that the same thing happened to these CT's that happened to Thornburg, Bear, Lehmann, etc., back in 2008' ... JPM initiated margin calls to put a death grip on CASH', and protect itself,

the conversation seems to be focused on the return of the accumulated funding' the CT's would have generated, ... as a new participant, I'm good either way that goes ... even if the accumulated funding generated was (wrongfully) used by JPMC and is not returned, at the current pps, these CT's are a gift from financial heaven' ... If ? any accumulated funding is returned ?, well all the better' ...

Check your brokerage account, upper left', hit the dropdown box for investment income' ...

later

AZ