JMPD - 2 Extremely Mispriced Baby Bonds From JMP Group And Affiliated Managers For High Returns
Co-produced with Preferred Stock Trader
Introduction
During the huge market downturn in March there was panic selling, in addition to forced selling, which always results in a huge dislocation in pricing. This resulted in an opportunity to pick up bargains in stocks/bonds that have sold off sharply without good reason and that sell for prices that don’t make sense.
Since the market has rallied, and some logic has returned with regard to securities pricing, the number of mispriced securities has shrunk. But there still exists some bargains. Before the remaining bargains disappear, we wanted to