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Author: ytm One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35363  
Subject: Re: AGF 2012 Bonds unique opportunity Date: 2/13/2012 5:11 PM
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Thanks for sharing in this and that other thread some of your plays folgore. I had some Edison Mission bonds awhile back but sold out of them.

Have you checked out GFI Group bonds? Stock ticker = GFIG ? Rate BBB-. Cusip = 361652AA8 & selling 6% under par.

Also MBIA bonds, stock ticker MBI. Lots developing there with a BoA settlement. Shortest term bond though is a 10 year note with a 10% yield. CUSIP = 55262CAH3. Selling 24%ish under par.

Lastly Venoco bonds, stock ticker VQ, cusip = 92275PAF6, 2019 redemption selling 11% under par. 11%+ yield on this one. The CEO is in the midst of trying to take the company private/buyout. They have a ton of proven oil reserves. The potential risk here is similar to Tenneco/Pactiv/Reynolds Group in the form of a LBO possibly.

Have you checked out any natural gas pure play bonds like Exco Resources, Comstock Resources, or NRG ?

What about coal? Getting pounded. Was watching Westmoreland Coal & Patriot Coal as well, both shorter term bond redemptions on these as well.
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