I thought you meant 'recharged with a crime'. The lack of corporate transparency first surrounding GRH preferred and now MHRs is unethical and amateur/high school type behavior!
You have to be the dumbest person on the planet!
"toward future continuing lower prices"
I will repeat this:
That is exactly the opposite of forwardation (contango). It is when a future price of the underlying commodity/financial instrument would be more than the expected spot (or immediate delivery) price.
Why don't try spending your time reading financial books; instead of wasting searching the internet for terms like convexity or contango and then posting about things you clearly do not understand! What you are describing is called “BACKWARDATION”
What do u care what others do. Have u deluded urself into believing u have a fiduciary relationship with msg board visitors?
Yah know__not only r u an amateur__but truly a lost financial mentality. Over time u have consistently miss used the concept of 'convexity'. Even after many of my chumps brain slappings__u still do not get it.
Now u r miss using the concept of 'contango'. Contango is a 'forward' pricing in futures markets. No one should of every started using that term because it confuses everyone. Except for a couple of futures markets the 'normal' is backwardation.
Again take some of R classes and u still may be able 2 pull ur head out of ur #$%$.
And somehow the MORON thinks this is a bad thing. In the simplest definition: In a normal market, futures price would be greater than the spot price due to the effect of cost of carry. This is called a normal market and in recent years 'CONTANGO'. This moron is trying to mis-apply a definition from the futures market to equities.
Why 'mis-apply'? 1) excepting for opportunity cost, possible forgone interest (big deal with rates at tenths of a percent) and margin costs for those using it__equities do not have a cost of carry. 2) He/she defines it as a downward future slope__when it is exactly the opposite. He/she purports 'contango' is a bad thing (only for those rolling contracts forward) or (those stupid enough to through coin at ETPs; such as "TBT").
Definition of 'Backwardation': Backwardation, is the market condition wherein the price of a forward or futures contract is trading below the expected spot price at contract maturity. The resulting futures or forward curve would typically be downward sloping (i.e. "inverted"), since contracts for further dates would typically trade at even lower prices.
In actuality it is an academic argument whether a forward sloping or downward sloping is the "Normal" market. That is because the median average differs between different commodities and financial futures contracts.
It is argued that backwardation is abnormal, and suggests supply insufficiencies in the corresponding (physical) spot market. However, many commodities markets are frequently in backwardation, especially when the seasonal aspect is taken into consideration (perishable and/or soft commodities).
However, economist John Maynard Keynes argued that in commodity markets, backwardation is not an abnormal market situation, but rather arises naturally as "normal backwardation" from the fact that producers of commodities are more prone to hedge their price risk than consumers.
For sure Chumps is what is 'ABNORMAL'
From Docket # 3066 & 3067 ‘Joint Plan of Liquidation of RS Legacy Corporation and its Debtor Affiliates’
Stock interests in RadioShack are labeled as ‘Class 9 claim’
2019 Notes are labeled as ‘Class 7 claim’
‘the 2019 Notes Indenture will be canceled and extinguished without further act or action’. The holders of 2019 Notes Claims are permitted to receive distributions under the Plan as allowed by the Indenture Trustee.
“On the Effective Date, the Liquidating RadioShack Stock will be issued to the Liquidating Trust”.
“On or after the Effective Date, the board of directors of Liquidating RadioShack will be comprised of the natural person appointed by the Liquidating Trustee as the sole stockholder of Liquidating RadioShack”
There are 10 classes of claims only Class 1&2 are classified as unimpaired. Even the IRS (labeled as Class 4) is classified as impaired.
I owned the Notes__never the equity. So I have no interest in whether there is tax loss carry over or not. While I have not read every word in these dockets I did not see any information related to this subject.
I think you dudes/gals have to face it ‘IT IS OVER’, ‘DONE’, CAPUT’
where is that poster now__whom was constantly whining about FTR not doing a (WIN) type REIT spinoff.
Would he/she now like to post the pps results of WIN and CSAL since the spinoff??
" he even charges the company for the furniture in the office"
You just displayed ur 'FASAB' and 'GAAP' accounting naivety.
For ur edification___fedral accounting standards advisory board (FASAB): generally accepted accounting principles (GAAP).
U might consider an introductory Financial Accounting course via ur community college. They might even offer a reduced rate 4 'MORONS'.
Generally I feel the same. They are setting up to wipe out the preferred obligations and any possible coin they owe GRH__which then would send GRH into BK also.
the loon he/she posted beef up in Chicago 20 some percent.
Here is the fact:
Live cattle contracts are traded at the CME. For the morons like chumps the CME is in Chicago. The current month contract (front month) traded last Nov 2014 at a high of 171.650. Today the current contract had a close of 137.225.
Of course this perpetual lying moron does not understand how to find a futures price! Remember the he/she used the price of an ear of sweet corn at a grocery store 'Jewel' no less to claim corn prices were surging when in fact yr over yr corn contracts were down. Mind you 'sweet corn is not a tradeable commodity. But does that matter to someone who could not even get a GED?
Where is the he/she collaboration for the other claims of MCD and Costco increasing wages by double digits. Do fall in2 thinking this lunatic has any worthwhile creds. The he/she probably drinks cheap Canadian whiskey straight from a handle and gets on this board and posts fantasies about market collapse.
Take it from a 'pro'__if future inflation was in the picture the forward long duration future markets would be reflecting it!
It is a not a vendetta____It is about pro ethics, truth in data posting, out right lying, and mis-representation of information.
Not U or anyone can support any of the chumps postings with factual data.
Anyone who would also care to lie should be executed in front of the B-O-D. For you Morons travel to Wabash!
I have ur posting record___you have claimed tax loss carry forward in the last three years___and despite all the forward lying you are going to try______just admit you have been wrong for another year____and leave this board and close out all ur herehear/flame IDs etc.
U are the premier Moron/Loon/un-educated/un-ethical poster that this or any msg board has had to edure!!
chumps creates more IDs to predict the next
the never happen mkt crash!!
let us remind ourselves__well there was a chumps posting with a 100% guarantee of a Valentines Day crash__and then there was a 100% guarantee that 'TBT' would be at $80 in the summer, then there were this crash and that crash and this crash and this crash________________THE REALITY the market after a coming sell-off of 3-5% will be at NEW HIs in the late 1st qtr to 2nd qtr of 2016.
That disregards Israel, China, Putin etc. doing something stupid_____but here is something to think about___if someone actually shot this Moron pres big 'O' would the mkts rally or fold?
What I find interesting here is the 2023 bonds are trading at $0.75 and have been trending downward (indicating some worry of either repayment or downgrade)__the common shares look like the market is pricing in a dividend cut. Yet WIN is indicating they have the cash flow to support the former two and now a share repurchase.