Breitburn Energy Partners LP fka BBEPQ

[Congo Mining]

Don't dare buy a share of this tex.
at least not anymore than a day trade.
It's poison.

CODI... Cancellation of debt income... = death of your account.

I have 600k of face value in the senior unsecured notes betting that they will be converted to common equity.
I know this situation quite well and sold all my common a month ago at 0.50

The common is partnership units...not stock. Read all the commentary about CODI on the seeking alpha board if you are considering the common.

If you hold commons while the debt is wiped out in BK you will be footed with a tax bill that could wipe you out...and you will have to file for BK.
If you want to speculate on this name buy the senior notes 2020 and 2022.
Note that they are highly illiquid.