RE:RE:RE:RE:RE:2023 Bond up to $70 yld 14% This mornIts speculation they might get a deal done. I was trying to figure the math out. I would go long the bonds for a 43% return in a month or two if the math worked. It just makes no sense for PE to pay me $100 for something they can buy for $70 in the public market to be nice and retire some debt for the company. If the market truly believed they would get a deal done and the money would buyout the secured bonds they would likely be trading at $90-92, thats why I was trying to see a shiny bright light in yesterdays news release.
cg16 wrote: So is it correct to say that the bond action right now is opposite to the short thesis?