RE:CXRX Bond Trading hahaha: a Video for Health123 and rad tooIts quite the reverse situation STZ. Take a very good look at the capital structure and ask yourself where do you want to be? and What do you want to risk? Then READ the indenture.
Call the bond desk of your broker and ask them what is the best price they can give you - but be very specific on the coupon and the issue. The bonds are not listed at most online retail investment outlets. This is hardly a passive boiler room pitch.
Dont invest anything that you cant afford to lose.......................
PS - you missed the boat on this one. The short thesis is all but played out. The company will just tread water until it gets taken out - either piecemeal, as a going concern or through a tax inversion. An alternative is a recapitalisation similar to yellow media. In any scenario the small secured tranche will be fine.
Like many retail equity holders I got duped by the "firing on all cylinders" and "no material effect post brexit" statements. Generic drugs aren't going away - and the short BS on this board has been overdone since Lattice left. Lattice was factual and accurate in his / her statements - I can only tip my hat and say "well played" with calls made from 45 dollars down. Others have missed the boat relaying old and inaccurate information.