Where Legal Analysis Drives Investment Value

In Detroit Chapter 9, When is a Pledge Just a Promise, Not Security? THE TOWN of Detroit and the monolines have finished their quarrels before Judge Rhodes regarding whether or not the covered Detroit GOs are secured obligations. What becomes with this relevant question? 300 million), when you see that the Detroit plan of adjustment seeks to take care of secured debt as fully-protected (100% recovery), whereas if the insured Detroit GOs are deemed unsecured, the plan’s opening gambit is for only a 20% recovery.

Moreover, the legislative resolutions pledge these special taxes, which may only be transferred into this connection repayment account, toward repayment of the bonds. The populous city of Detroit argues by asking, “Where’s the Lien?” This form of rhetoric proved helpful for Wendy’s, but not applicant Mondale, a few years ago; will it work for the town of Detroit? Obviously, the monolines argue for “security” as the proper understanding of the pledge, for purposes of constructing this is of the legislative resolutions relating to the insured GOs. Where will Judge Rhodes look for assistance to construe this is of “pledge,” as it relates to these insured GOs?

He does not have any choice but to look to Michigan state legislation. He has clarified that Michigan state law governs the use of questions such as this, as well as whether Detroit’s pension responsibilities were solely unsecured, or secured, commitments. I am still convinced that the monolines have the better of this one. Disclosure: Long MBI; AGO. NB: this blog is not intended to be investment advice, and really should not be relied upon by one to constitute investment advice. Investing is a hardcore game, and everyone must do and “own” their own work, because you will surely own your investments. Follow me on twitter. Posted by Christian S. Herzeca, Esq.

The incorrect time to market is when the marketplace is struggling and stock prices are falling simply because investors are panicking, not because they’re assessing the worthiness of the quality of the underlying companies they have committed to. Another bad time to market is whenever a stock’s price falls because its profits have fallen lacking experts’ predictions.

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The ideal time to sell your stock is when stocks are overpriced in accordance with the company’s intrinsic value. However, sometimes a substantial change in the company or the industry that decreases the business’s intrinsic value might also warrant a sale if you see losses on the horizon. It could be challenging not to mistake these times with general trader panic. Also, if part of your investment strategy involves passing on wealth to your heirs, the right time to market may be never (at least for some of your portfolio).

This company was de-listed from the NASDAQ with 0.0001 per talk about, you can see why. 400 Million for the company. 848,000 – less than a million bucks. The true believers never bothered to ask why someone would just inform them this anonymously, but went out and bought the stock instead, watched it up go, and then crash hard.

No one lost a lot of money this way, a little bit just. But whoever set up that fake Press Release no doubt raked in thousands, tens of thousands and maybe thousands of dollars. It is a scam, of course, and an apparent one. But consider this – in what way is it different from Groupon, Facebook, ZipCar, Martha Stewart Omnimedia, Green Mountain Coffee, or a complete sponsor of other hyped companies that skyrocket in price and then crash to the bottom? As well as the answer is, it isn’t.