Phssyk1 Ⓥ Profile picture
16 Dec, 11 tweets, 5 min read
#FranklinTempleton voting myths busted
#FranklinTempleton voting myths busted
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
#FranklinTempleton voting myths busted!!!
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More from @phssyk1

17 Dec
#FranklinTempleton UST investors - UST has been making a steady recovery. No defaults so far everything going steadily. Why jinx it by voting NO and taking a fire sale risk?
#FranklinTempleton UST investors
Look at their projections on April 30 and actual values on December 15th for UST Image
#FranklinTempleton UST investors
The NAV has also become steady like earlier. Payments are flowing in regularly. Some prepayments were made Image
Read 18 tweets
16 Dec
#FranklinTempleton investors - here is why you should vote YES for winding up. These investors also feel so
Read 26 tweets
12 Dec
#FranklinTempleton - Investors seem to be divided into 2 camps
1) Vote YES to avoid a fire sale
2) Vote NO because @FTIIndia is a fraudster and has mismanaged funds
The people who are supporting the windup are worried because if funds open then predicting who will get what is impossible.
#FranklinTempleton - and that is True. When funds open we don't know how many investors have online access to redeem, how many will start redeeming, what algorithm does FT have to prioritize redemptions, what system errors will happen due to high traffic.
Read 22 tweets
12 Dec
#FranklinTempleton investors - our primary objective should be to safeguard our investment and not punish FT. Litigations will and should continue. But trying to teach FT a lesson by voting NO is shooting ourselves in the foot!!! Fire sale will destroy our investment
#FranklinTempleton investors - FT is anyways under a scanner. They cannot escape if they are doing anything wrong. But if Funds re-open , no one can save us and we will be doomed by our own choices
#FranklinTempleton investors - I know that everyone that FT has cheated us by illegally winding funds, however the point is that if we reopen now - everyone will redeem and it will be a panic situation where everyone will loose. A better option is to let the funds wind up orderly
Read 14 tweets

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