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Bond

11/08/18 6:35 PM

#47120 RE: Turntheship #47104

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?