altstrat91,

I wasn't annoyed by your mention of me. I've said what I've said, and I should be held accountable if/when I was factually wrong.

You're right. I don't try to trade in and out of corporate positions. I do try to think like a trader (in terms of how I manage my risks). But I really am an old-fashioned, Ben Graham-stlye value investor in terms of my intention to buy, and then hold to maturity. I've termed that combo "traderly investor", and it's a style of putting money to work that works for me.

Give me a couple more minutes to find out if anyone bids for my position of Boeing 6.625's of '38 (held at Scottrade, where I've never attempted selling before), and I'll do my promised write-up.

Charlie