Friday, January 18, 2013

Countdown to Suntech Bond Maturity ($STP)

4 comments:

  1. What is the amount of money due 3/15?

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  2. At the moment you can buy the Feb $1 puts for about a nickel. I guess people think any restructuring will be announced closer to the last minute than not, but I don't see why that's necessarily so...

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  3. Right, selling those puts for a nickel is dumb dumb dumb.

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