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TonyJoe1957

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TonyJoe1957

Re: CHA-RU post# 9845

Sunday, 10/28/2012 1:55:05 PM

Sunday, October 28, 2012 1:55:05 PM

Post# of 22017
At "this point in time" I would characterize this as a "trade" with very little "holding" risk. For example, if "no" news, I would expect and upward drift.

There is an extraordinarily low probability of an exit from BK and a windfall or upside over-reaction, but this is not something you should anticipate or a good trading strategy.

The big advantage to trading BK stocks is the "over-reaction" to the downside, followed by a "bounce" or several bounces.

Alternatively, T-Securities are paying about 1.7% with no risk.

Good luck to you!
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