Post by
Contrarian333 on Dec 07, 2020 5:27pm
PIK Bonds
Those "worthless" PIK bonds are now up approximately 50% in price.
Comment by
rkhosla on Dec 07, 2020 6:04pm
Indeed. I've been watching and wanting to buy but I'm already outside with my broker for owning sherritt ".Penny stock". It would be very tough trading this issue. Lately traded. Hard to source. But the compounding magic and the capital appreciation could be amazingly rewarding if you have the patience and the time horizon.