Serious Question to Wall Street:
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given your well thought out contrarian view points I'm interested to hear how you're positioning yourself.
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I’m not going to give away my trading strategy, because I don’t want to be responsible for leading someone off a cliff alongside myself. That said, I’ll give my opinion of how I think this thing will turn out to a certain extent. I’ve said before that I think its Class 12 at 40%, Class 18 at 60%, and Class 21 if the judge flat misses it."
I know what you mean. I can certainly understand not wanting others to jump off the proverbial cliff with you.
But given that you've already shared with us that you finally dumped your PIERS after their so-called Trustee did Zippo in trying to secure ANY value for the PIERS . . . out of frustration when the Trustee might have even been able to over-turn FJR and go back to CR, and they IGNORED you . . . you dumped, and wisely so. So wouldn't it be safe to say that part of your trading strategy (at least in the past month) has been to dump all your PIERS.
Wouldn't you be afraid of having people jump of the PIERS cliff (seriously, no pun was intended)?
To the contrary, I think that you'd be doing people a service telling them to dump that junk, especially after being given the high hat by Wells Fargo, in not even attempting to yank FJR and go back to CR (especially when you giving Wells Fargo this information, gratis - and they turn you down - that sucks).
I too can't for the life of me figure out why they wouldn't do something, anything, to save a little bit of value for the PIERS.
If it helps, I'd be willing to sign a Release, absolving you of any liability from my jumping off the cliff with you, if you'd share your trading srategy. I may or not follow it, but you could rest easy knowing that I'd be following (or not) the strategy with eyes wide open.
I genuinely think that you have a lot to offer here (e.g., stay away from the PIERS), and while I understand your caution in not wanting to hurt other peoples' investments, you could also be PREVENTING them from jumping off a different cliff, by doing something stupid (say, for example, buying/selling DIMEQ's, etc.).
I'm just saying.
I think that others would also be willing to sign a "Hold Harmless Release," if you'd be willing to share your trading strategy. Especially since you're kinda already sharing your thoughts about DIMEQ.
Serious inquiry. No disrespect intended.
AI
