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Ponch73

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Ponch73

Re: OMOLIVES post# 261

Tuesday, 05/16/2017 10:20:17 PM

Tuesday, May 16, 2017 10:20:17 PM

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My Mongolian source hearing that brutal price action is due to bondholders selling shares. MMC bonds now trade at par vs. 20 cents this time last year, so he is speculating that the bond guys view the equity as "found money." His advice: weather the storm until after June presidential election.
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