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Re: lesnshawn post# 55544

Friday, 08/25/2006 12:19:04 PM

Friday, August 25, 2006 12:19:04 PM

Post# of 169275
"Admittedly, not being the finance major and very green when it comes to understanding bonds, I do know this much...to have any value at all, they need to have the risk factor behind them be minimal."

No they don't. The risk can be high - you just pay through the nose to get the bond.

Take a look at what Rufus is paying for the bonds. Where do you think the money comes from to cover that huge expense?

Yep. Investors. That's why they're CALLED "investors."

After observing for a while, IMO this is a company that is attemting to go into business as a toxic financing company, and to do so - they had to use toxic financing.


Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.

>^..^<
http://www.investorshub.com/boards/board.asp?board_id=3961

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