Nemaska Lithium Inc NMKEF

RE:Vulture Funds Circle Argentina, Waiting for Moment to Buy

[Calgary_AB]

LOL...you found a way to put my name in your very stupid story comparing LI with emerging markets and NMX with Argentina...
Than you say "Calgary is distressed" and "Mick is dedicated investor" LOL

You say I am distressed? I sold NMX for a profit Jan 2017 at $1.54 over 350,000 shares, distressed are all the rest of you jokers that refused to see the reality...and you continue to be distressed...If you want to stop being "distressed" you should WAKE THE F UP and start thinking for yourself and do what's right for your own wallet...

I bought gold stocks with the profits I made on NMX and they more than doubled since, how distressed do you think I am when I am in green and continue to grow while you and your brainwashed group are in red big time and continue to hope on NMX...???

Got Gold Tcheck? you better get some quick...look at gold/silver price...

Tcheck wrote: betting on a turn around


The sell-off in Argentina bonds is so severe that it may soon attract distressed-debt investors betting that there’s money to be made in a restructuring.

With overseas notes trading at about 38 cents on the dollar, the vulture funds are probably still a ways from swooping in. Shops including Morgan Stanley and Merian Global Investors expect buyers with a strong appetite for risk will emerge at about 30 cents.

The market will go lower and distressed investors will step in at some point, even with the uncertainty,” said Alain Nydegger, a money manager at Pala Assets in Switzerland, which focuses on emerging-market debt.

Bonds may fall to the low 30-cents level before catching a bid, Morgan Stanley strategists led by James Lord wrote in a report Tuesday.

Nydegger said that at 30 cents on the dollar the bonds start to look appealing, but some distressed funds would likely start adding at 35 cents. He said he would start buying at between 25 and 30 cents, figuring he’d make a profit with a 50% haircut if negotiations take three years.

similarities with nmx
emerging market debt. looks like it actually . lithium is an emerging market .

Argentina’s (nmx)?? valuations are “certainly starting to look more attractive,” even as investors search for clarity, said Graham Stock, a senior emerging-market sovereign strategist at BlueBay Asset Management in London. “At these kind of levels, I think not just distressed, (calgary) but dedicated investors (mick) are going to start to look at adding positions again.”

An investor who purchases equity shares of a company instead of debt could make more money than debt investors if a company turns itself around. But, shares could lose their entire value if a company goes bankrupt. Debt, on the other hand, still retains some value even if a turnaround doesn’t happen.