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PIMCO Income Strategy Fund II Message Board

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  • up1.down2 up1.down2 Aug 8, 2012 2:18 PM Flag


    "Frankly I do not see the accusations of which you complain."

    You can't be serious ? You write a Subject title 'Rumors and Fakers' then fully pepper it with my id ? Not to speak of the direct accusations like "It is obvious Up-1-down-2 is NOT on our side." How I can't interpret that as accusatory is beyond me ?

    This is the problem with using the Yahoo links/data for research. They are wrong more than right. Brigade is basically a hedge fund. They don't file a Form4, that is for insiders, directors or officers of the company. Brigade files 13D's not 4's. The SEC 13D filed for the 10/19 & 10/21 purchases does state $88 but that is incorrect. Whether or not it was a typo or translation error on the html upload who knows. What does matter is the 13D/A (Amended) states the correct purchase - at 88% of Par or $22,000 per share.

    What is silly about your perpetual argument with the $88 is if true, that would be a catastrophic situation.

    Allianz would owe Brigade $40.4M for a $142K investment ? It's becoming clearer to see why you are having such a tough time grasping what is going on here.

    Instead of arguing ask some questions for what you don't understand.

9.04May 2 4:02 PMEDT