Post by
sunshine7 on Jul 14, 2016 8:47pm
Bond Market
MT has said recently that the shares are mispriced and that the bond holders got it right. What did he mean by that?
Comment by
Scruggstyle on Jul 14, 2016 9:27pm
Bondholders are often referred to as the "smart money". CXR bond prices have remained strong, which is an indication that the smart money is not concerned with the company's ability to service its debt.
Comment by
sunshine7 on Jul 14, 2016 9:42pm
thanks Scruggs. Where can one find cxr bond prices?
Comment by
YourMindIz on Jul 14, 2016 9:57pm
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Comment by
YourMindIz on Jul 14, 2016 9:59pm
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Comment by
lnvestor198 on Jul 14, 2016 10:12pm
...and I also think U meant they R YIELDING 10.25%. Cxrx is considered speculative, not investment grade (B S&P rating).
Comment by
YourMindIz on Jul 14, 2016 10:29pm
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