AIG Subordinated Debentures (AVF)

[stcapital]

I am still in.

Every time I receive the interest payment, my purchase cost basis is reduced by 40 cents per share, although I am still in red. With upcoming March's payment, my cost basis will be $5.60 per share.

Hanging there. I don't believe government will let AIG down. All bonds are down now. Look at bond GEC, the price is now half of the face value, with a yield of 12% now. Do you think GE will go default? I plan to add some more positions at the price below $3.