No. of Recommendations: 0
THANK YOU, altstrat91

On your tip, I'm now long their bonds, my first trade this year. But let me, in turn, lay out a bit of why I took a position.

Stock details:
- The current price is well above $5.
- A 2-year chart is favorable.
- The short-ratio is negligible.

Balance-sheet details:
- Accounts-payable are covered by net-receivables.
- Total-liabilities are covered by total-assets.
- Net-tangibles are not declining.

Bond details:
- The spread is tight.
- The chart isn't adverse. (Yeah, prices got whacked, but are trending back up.)
- The Moody's report wasn't overly worrisome.
- The recovery-ratio seems tolerable.

Again, thanks for calling this to my attention. I missed seeing it, because I hadn't been looking. (Shame on me for not doing my job.)

Print the post  


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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.