Mir- What's my take? I think RRI and CPN are better. I own all three that I have from really cheap prices. MIR came out today and in their 10Q says that if everything goes wrong they'll have to file bankruptcy. I have serious doubts that will happen. Looks like the market got spooked by that. RRI basically said the samething a while back. If you got money coming due and no one will loan to you no matter how good your credit is or how much earnings you have, you have to file bankruptcy just to protect the assets. these banks are not going to force MIR into BK with the assets they have.
Anyway, I trimmed some MIR today and added to CPN and RRI. I think MIR will straighten this all out at earnings which I think come on the 18th. I think I will wait till then to add.
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