Savvy Trades and Investments

[abh3vt]

Agreed on SQBG. I think the debt refi concerns are overblown, and a deal should get done in Q1 of next year, which will help lift ST liquidity concerns and may even help reduce interest expense somewhat.

CHKE, which is arguably in worse financial shape, just got extended by their creditors and its stock jumped over 50% the next day. The fear there was that CHKE was going to have to issue stock for cash. Still a concern, but not immediately. The stock has drifted lower since then, reflecting the difficult and murky outlook.