November
November was a good month - the Callon Petroleum exchange went through making my bonds more valuable, even though this is not reflected in the price (they hardly trade anymore).
I will say that I would short every share of YRCW that I could borrow right now.
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2 comments:
Lots of blah blah here.
Is a short really worth it/the way to go? It's already under $2.
Yeah they have a really active message board.
As you know stock prices are arbitrary and the important question is: what is the equity worth?
Pretty clear that the equity here is deep in the hole which is why they need to do the exchange offers.
Eh - send me an email at ctx_coverage@yahoo.com
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