GREY:FLOOF - Post by User
Post by
Diesel44on Apr 09, 2021 8:39pm
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Post# 32971753
Lovin the debentures
Lovin the debenturesThink my best market wins have been depressed debs (Buffalo, Cardinal, Surge); love the sub-60 pricing here; post-next week's vote, these will be convertible at 38.5c. Shares today at 36c should have the debs over $90.
Usually $100 is my target on depressed debentures, but looking at FIRE's debs, no reason to stop there, especially with par-conversion so close. Wow.