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Re: StockItOut post# 52725

Wednesday, 05/18/2016 1:55:56 PM

Wednesday, May 18, 2016 1:55:56 PM

Post# of 63744
I don't have the historical data. Just a vague recollection that 007 stated that he saw a trade at 60/100 in a post a few months ago.

These bonds are highly illiquid...I often see bond spreads of ten of more percent in far more liquid indentures.

The characteristics of the the bond are important also. Is it a secured bond or an unsecured bond. Could the bond be subordinated by a subsequent issue or is it firmly at the top of the capital structure?

I'm going to look further into the bonds. Have not called my broker about it yet.
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