SBG...why has the smart money dumped their bonds?
Is the financial maneuver "cram-up" a done deal?
What will that do to the value of the unsecured bonds?
Is that kind of gamble worth the two-bagger it will produce?
Well must say Arcticfax, you certainly appear to be the sharpest knife in the drawer to pick up on such subtle details.
Our data compiled by myself and others, have deduced the FACTS that Cram up and Cram down are definitely being looked at.
Here is a partial post of ACTUAL information that was posted my the REAL message board on April 5th. I removed certain details, as I dont need to give away our DD to a bunch of losers who don't know how to read or do their own homework:
Docket #_________ A_______ & M________ February 2013
Definition of 'Chinese Wall'
The ethical barrier between different divisions of a financial (or other) institution to avoid conflict of interest. A Chinese Wall is said to exist, for example, between the corporate-advisory area and the brokering department of a financial services firm to separate those giving corporate advice on takeovers from those advising clients about buying shares. The "wall" is thrown up to prevent leaks of corporate inside information, which could influence the advice given to clients making investments, and allow staff to take advantage of facts that are not yet known to the general public.
The biggest challenge of plan proponents (i.e. Secured Creditors, Unsecured Creditors, Hedge Funds, etc.) is the fact that they are privy to Material Non-Public Information (MNPI). Thus the ethical wall or "Chinese Wall" is mandatory so it doesn't look like that the traders of the respective plan proponents are trading on MNPI. It is obvious that they have MNPI, but the traders have to time their trades so once the MNPI becomes publicly disclosed they can act on it.
IMO....As I've referred to in previous posts that MNPI has been disclosed masterfully in previous court documents (that are not redacted), SEC filings, press releases, etc. that have allowed the plan proponents/"big boys" to trade freely.
Putz, why do you think you are the only one who reads these documents?? Many smart people read them and they dont deduce what you do!! Get it yet? You have an amazing imagination. The creditors dont see what you do. Amazing how much smarter you are than the smartest guys on Wall street! LMAO!