Comments on: Pinnacle Notes Default

By: lioninvestor

lioninvestor — Wed, 03 Feb 2010 08:35:19 +0000

Hi investor,

15 is equity-linked note and is fine.

Your main risk is the default risk of Morgan Stanley.

By: Investor

Investor — Wed, 03 Feb 2010 03:33:42 +0000

What happens to the other Series like 15?
Thanks.

By: sureesh

sureesh — Thu, 07 Jan 2010 05:47:56 +0000

Series 6 & 7 should mature in 3 years time. I wonder if it can hold on to until then. So far Aiful’s default has not resulted in a credit event yet. I don’t know why.

By: sad

sad — Wed, 06 Jan 2010 06:51:37 +0000

I’ve just received interest for series 7. Wonder if this series can hold up with the latest credit events.

By: sureesh

sureesh — Wed, 06 Jan 2010 05:22:05 +0000

Interest for series 6 should be paid soon I think by this Friday

By: sureesh

sureesh — Tue, 15 Dec 2009 01:40:26 +0000

No mood

try to make a claim of misrepresentation with distributor, if that does not work try to file claim with FIDREC.
if not join the Pinnacle action group to sue morgan stanley

By: No Mood

No Mood — Mon, 14 Dec 2009 06:35:35 +0000

I bought Pinnacle 3 through a friend whom is one of OCBC securities distributor, my friend claim that he is also victim as he also invested in it. What should i do ? He say he is also victim, means I can’t get back at him ? He is the one recomended me to buy, any suggestion ?

By: sureesh

sureesh — Tue, 08 Dec 2009 04:58:48 +0000

Dubai world will not have any impact on series 6. Series 6 will not go bust yet even with CIT’s bankruptcy. However there are 2 more companies that are in danger of default, Ambac corporation and Aiful of japan. if these 2 companies create a credit event, then series 6 will go bust.

By: kevin

kevin — Mon, 07 Dec 2009 05:57:44 +0000

Series 3, 6 & 7 are affected by CIT.

By: Eng

Eng — Mon, 07 Dec 2009 01:28:44 +0000

Anyone here know which Series are affected by CIT and will go bust soon ?