UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: trader2012 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35392  
Subject: Re: Finding Outstanding Amount of Bond Issued Date: 3/1/2012 4:13 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
Craig,

I don't envy you your decision. I hate Dutch Auctions for never feeling confident how to bid. What I'd suggest you do as a possible way to push yourself in one direction or the other is the standard thing of pulling a chart of T&S and then try to explain to yourself the underlying events which leave their footprints in the chart.

http://cxa.marketwatch.com/finra/BondCenter/BondDetail.aspx?...

E.g., why did the 5.625'of '13 begin an uptick last Fall? What news about the company might have been the catalyst?

What's currently going on with the stock?

http://finance.yahoo.com/echarts?s=RDN+Interactive#symbol=rd...

The shorts are massively short, which is always a worry. http://finance.yahoo.com/q/ks?s=RDN+Key+Statistics

But Morningstar, a far more objective rater and probably more current than the majors, doesn't seem to raise the same sort of alarms about the nearby debt as the mid-term stuff.

You're looking at a tough, tough, tough decision, whether to play the trade as you originally set it up, or to stop yourself out (which you could do by bidding at the upper-range instead of the lower one, a tactic which would be supported by T&S).

There is yet one further question you could ask yourself. How are you going to put the money back to work if you tender, and could you buy a situation (any asset-class) with the cash offering a better risk/reward relationship?

Tough, tough, tough.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Considerable Headwinds for Profire Energy?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement