FIRE.DB up 15% todayThe volume was low but its a good start. The faster the FIRE.DB moves up, the easier it will be for the equity to move up too. Lots of equity investors look to see where the debt is trading before they decide to make an investment.
Recall the bonds will mature in Oct 2021 and at maturity if everything goes according to plan, an investor would get $100 for an investment of $28.90 along with about $9 in interest or a multiple on your investment of ~3.75x.
Not as good as the equity according to opt and johnhale but I'm not a visionary like those fellows. Heck, I would be happy to make only 100% from here in a year but I'll play in the minors (debt) and let those gentlemen kick butt in the majors (equity).