Agree, Hose... really no news today... so it must be someone just trying to tax loss or need liquidity to pay bills or whatever.
No reason I see to sell
In fact things have only gotten better, at least in my eyes
did get partial fill (after I raised smaller lot) #Charity
Reliance Rail while large is now in maintenance (its tricky part is the 2018 re-finance + but Aussies thrown in ~150m to help then (right now can sell that obligation for 20m profit per paper)) + upgraded twice and on review for further upgrade, so going right direction
PR/PREPA going wrong direction, etc. but confident we have enough runway to weather even as i guess likely PREPA defaults in March (Jan 1st payment covered)...
Even if assume 36cent hit on ALL PR debt (GOs+PREPA) (which is what analysts say makes all PR economy fixed)
Thats ~$200m but remember thats paid over time... so peanuts
Thus,... with talk of NOLs + Mgmt actually speaking,... things still looking like trending in right directiion
What about Greenpoint, Lehman, Alinta/MacQuarie Moolah... etc.
just need patience of (biblical) Job, ha
