GoldenTree Asset Management had 8,830,504 shares of CEM as of Dec. 31, 2008. It sold 5,122,028 shares during Jan. 1 through March 30, 2009, and was holding 3,708,476 shares as of March 31, 2009. There will be a public record soon, which will show how many shares it is holding as of June 30, 2009. But my guess is same as Jaxstraw’s that the recent investment would be in the bonds. We need Xenn's help on this. I am heading to work. You all (the LONGs) have a wonderful day!!