Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

Primary Symbol: PGMFF

Financial Services Banks - Global

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.

OTCPK:PGMFF - Post by User

Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > Spring Board rebound target .07 cents LOADING UP

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Comment by UptickHedgeon Dec 22, 2022 10:30am

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Post# 35186977

RE:RE:RE:Spring Board rebound target .07 cents LOADING UP

If the company is done along with the management and all of the past is worthless and a new buyer comes in, they buy the company's right/assets by buying some or all of the debt.... the debt is for sale. the equity is wiped out. Aka zero. Aka less than current price. But you keep sales pitching the current worthless equity appreciating.... so who is buying your equity for 7 or 10 cents if by your own admission it's now worthless at .015?

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