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URL:  https://boards.fool.com/ran-by-and-large-singles-aren39t-34337894.aspx

Subject:  Re: Sold My PCG Bonds Date:  11/7/2019  5:02 PM
Author:  Arindam Number:  36679 of 36727

Ran,

By and large, singles aren't 'marketable' on the sell side. That's part the reason you got no bids. The more typical min is at least 2 bonds, if not five. Also, Fido (and all of them, meaning, ET, Schwab, TD) suck majorly when it comes to selling. Yeah, they'll do their pro forma duty of soliciting bids, but the underlying desks know the seller is desperate and will either 'pass' or low-ball their bid. Likely, you're stuck with the position.

But given where the bond is bid, that might not be a bad thing. If the institutionals really expected an adverse workout, they'd be dumping, and the bid would be low 20s. I got out, because I'm carrying several hundred positions and needed to "clear the decks" of anything I would think to think about carefully when TSHTF.

A
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