No. of Recommendations: 0
What is current trading price on your bonds?

According to my Etrade account, the value is currently 62.5 which isn't that much lower than my buy price which was around 66.0. Using the search engine, there appear to still be four Dynegy bonds out there (including mine)trading in the mid-60s and this despite "DEFAULT" being tacked on in red in the description and no yield given. Does this indicate confidence among investors/speculators that bondholders will be compensated?
Print the post  

Announcements

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 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.
Advertisement