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Re: mewille post# 755

Wednesday, 06/01/2016 4:11:15 PM

Wednesday, June 01, 2016 4:11:15 PM

Post# of 4800
People don't want to listen. Who knows what will happen with the CODI. So why not be long via the unsecured bonds...if at all.
It is just not worth the risk.

I'm starting to think that there are a lot of people here that are only working with a couple of hundred dollars so it will not affect them. Just penny flippers in their parents basement. That's not a dis actually, I wish I started learning about the markets when I was a teen.

Anyway the CODI might not affect the penny flippers or people who don't even bother to file tax returns.

I've got about 65k invested in 580k of par on the unsecured so this BK process has real consequences for me. If I put that kind of cash in the common I might as well play Russian Roulette.
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