Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,514.49
(
0.55%
)
US TECH 100
29,158.80
(
1.59%
)
Dow Jones
50,378.61
(
-0.40%
)
Brent Oil
96.69
(
-4.43%
)
Bitcoin
76,003.56
(
-1.64%
)
News Focus
News Focus
Post# of 7196
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

@-@

Send PM Follow Ignore
Followers 77
Posts 10056
Boards Moderated 1
Alias Born 10/28/2007

@-@

Re: Chili Palmer post# 520

Saturday, 12/06/2008 1:12:42 PM

Saturday, December 06, 2008 1:12:42 PM

Post# of 7196
And that scenerio is why the senior bonds are a good play. In a bk, the bonds would have a senior debt claim of $25, yet they cost only $4 right now. If it's some form of quick bk, the senior debt would probably get new shares while the commons might get killed.

DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today