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Subject:  Re: River Rock article Date:  4/8/2012  9:48 AM
Author:  folgore Number:  33993 of 36397

I guess if they get down near 50% of par I have to buy some more.

I thought of that too, but haven't really seen their name come up in any of my bond search engines. Perhaps that just indicates that when their bonds are put on the market they get snapped up quickly, either by RR or perhaps by the institutional investors.

I bet if it goes down much further, we'll get some kind of offer. A couple of years ago, I got an offer from Ford on one of my bonds at something like .30 on the dollar. I rejected the offer and, of course, the Ford bond prices recovered and then some.
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