RE: RE: RE: Bondholders will make money off of thi
"You can but more now at $9.80 + accrued interest."
Does that make you a bagholder, touche!"
How can I be a bagholder when I am in the money? I expect it to go down even further after the next payment. As time wears on the probability of future payouts decrease, so the perceived risk rises and the price declines to meet it...But if it makes your day to think I am underwater then just pretend I am and enjoy!
PS- If you are using accrued as meaning held only on the books, then I can tell you it is not. If payment was ever held back you would be in CCAA in a heartbeat.