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Sunday, January 10, 2021 11:52:16 AM
I think admin action is dead and so this really all comes down to SCOUS decision later in the spring -- but that is a crap-shoot like all legal rulings especially with Federal judges..
When high yield JPS issues get to 20% of par, then I will start thinking about buying. (The lower yielding and higher face value issues already hit 20 of par, FNMAS an FMCKI will hit it this week)
I will only be buying a gambling stake, since who knows what SCOTUS does - never forget the ruse in the AIG "victory"... The Federal judges allowed Hank Greenberg a "win" but he got nothing
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