Replies to post #753 on Breitburn Energy Partners LP fka BBEPQ

[Euripides90]

Keep your advice as you said you can't trade, keep buying your bonds and do your own thing. Whatever GLTA

[mewille]

Absolutely correct... Using very round numbers let us say that the fair value of assets is 1.5b and the debt is 2.8b total debt cancelled could be 1.3b or $5.70 ish a unit. At a 35% rate that is 1.99 per unit of tax liability .

PLEASE consider the tax impact. Someone buy a large amount of units and then get the surprise of a lifetime in March

[lowman]

Perhaps, but lotsa great flipping opportunities over the next few months, especially when shorts whack/attack, then cover.