They've been on a tear and with a major stake in bonds you have leverage with the company.
Commons are only worth face value in a sense.
Now if you're buying up the bonds with a purpose in mind ,it would follow that an investment into commons that are dirt cheap might be a good idea also.
And any other big boys that know of your intent would get on fo the ride with commons.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.