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A while back I bought $3000 worth of Northern Telecoms 6.88s of 23 in the $.13 range. The price had run to the $.30 range and sat.

With a nice auction result last week, the price has popped to $.70 and I'm trying to decide if I cut and run or hold on for more.

With $12b in liabilities and $4.5b in the patent auction alone, I'm not sure where this one ends up. There have been many sales along the way, but I don't have a good tally. Have the sales totaled $8.4b+ as the price suggests or is someone just spending money with some wishful thinking.

Is anyone else out there watching this one?

I think if I can get $70, then there probably isn't a significant time adjusted upside from here, but I'm hesitant I could be missing something.

Plus a 5 bagger in 2 years isn't something to complain about.

Thanks for any info,

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