Skip to main content
No. of Recommendations: 1
Sure thing Joel. I greatly appreciate the DD you have brought in the past with respect to those pfds as well. I have a few watch lists running including all of the Lehman 3rd party stuff, ETD's, structured products, etc. Similar to the price action last week as you obviously know in the pfds area, we are starting to see some shorter term corp notes dipping under par now that have not been in this price range in nearly 18 months. I know some folks don't care whether the bond is over par or not; but because I have such a huge carry over loss, I really do not want to add yet more capital losses to that tally. Incidentally if you are interested; there are some pretty sweet US STeel 2020 bonds with a 7.375% coupon that just dipped under par the last few days.

Print the post  


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.
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.