party like its 2009 Charlie! In honor of this thread I had to pause a moment and weep. These types of trades and opportunities were so abundant a few years ago but now its like finding water in the desert >> in 2009 fond memories of unisys, yrcw, pier 1, mgm grand, e-trade, sirius satellite, sunamerica all trading in the single digits to 20 cents on the dollar range and then shortly later trading/calling at par. i could go on but i digress. now adays it seems whenever a corp like atpg takes that downward spiral into the <$30 handle range its the point of no return. although i must say i was a little impressed with patriot coal's bounce from intially $30 handle on BK news, now trading in the 1/2 par range.wonder how long this current drought is going to last. i am already looking at individual corp floating rates as possibly the next trade.
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