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Strategies & Market Trends : Underexposed Technical Analysis

AQN 5.875

+0.6%

3:59 PM EST

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To: robert b furman who wrote (746)	2/3/2020 3:03:00 PM
From: Underexposed	Read Replies (1) of 914

Hi Robert Your post on BRKS is all Greek to me... Sorry But I do want your opinion on SSW delisting and redeeming senior notes ********************************************************************************************** I intend on following this stock for the foreseeable future. The fall in the stock seems related to a reorganization of the company in October and redemption of its senior notes. Seaspan has not, and does not intend to, arrange for listing and/or registration of the Notes on another national securities exchange or for quotation on another quotation medium. Seaspan intends to exercise its option to redeem the Notes on October 10, 2020, the first date for early redemption, at par plus accrued and unpaid interest to, but not including, such redemption date. I am certainly not an expert on Bonds.... Perhaps Robert could enlighten me as to why delisting these bonds and redeeming them is such a bad idea... it is reducing its debt is it not? ************************************************************************************************* Why would this reorg cause the stock to plummet???? UE

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