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bpkaus

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bpkaus

Re: throwerw post# 2160

Friday, 04/20/2012 12:24:39 AM

Friday, April 20, 2012 12:24:39 AM

Post# of 3470
DEXO has now retired $98 million of the $310 million in subordinate notes - a step in the right direction. This should increase the value of the remaining notes as long as there are no negative surprises on the earnings front. I continue to hold my position, hoping for a higher offer at some point in the near future. The notes haven't moved up yet. The last trade was at $29 and if the price stays there I'll probably add to my position.
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