Comment by
Health123 on Nov 23, 2016 2:44pm
Bondholders are done. Bets on their recovery rate?
GenericAdvocate wrote:
Keubiko @Keubiko22m22 minutes ago
$CXRX unsecured bonds showing the dreaded "Miss Mew After A Night Of Absinthe" formation.
0 replies5 retweets11 likes
Comment by
greatplay on Nov 23, 2016 2:51pm
The Meow is bullish...the only thing why Concordia has issue, is because we have big bond overhead, haircut 25-30c for a $1; will make company look good on books... stock will continue to trade because company has 500MLN in bank account... Big boys game is played and bond holders don't want to loose, so that's why they are suing to get more food....
Comment by
Health123 on Nov 23, 2016 2:58pm
This post just shows how little you know about the debt market or their bank account. Cheers !!!