Old School Value

Capital Crossing Preferred (CCPCN) and HealthShares ETF Liquidation

I'm chartering into inexperienced waters with this topic, so I hope people will provide comments if they have experience with investing in actual liquidations. In this post, I'll be discussing 2 liquidations. Capital Crossing Preferred Corporation (CCPCN) and HealthShares Exchange-Traded Funds. Quick Definition For those unfamiliar, a liquidation is a process where a company is brought to an end. It converts all of its assets into cash. That is, they sell all positions in their portfolios, sell their real estate, inventory, desks, chairs and anything else that may have cash value. Remember how the value of a company is the sum of its future cash flows as well as its shareholders equity? In a liquidation, since there is no more future cash flow, a piece of the shareholders equity is what we are entitled to received.

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