Tuesday, December 29, 2009

Callon Petroleum (CPE) Notes Trade at 96 Today

On November 16, 2009, Credit Bubble Stocks suggested buying Callon Petroleum (CPE) notes in the 60-70 price range.

Today they hit 96, to yield 14.4%. I would still be more likely to be a buyer than a seller at this price.

3 comments:

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Anonymous said...

this site is so bad ass man, that was such a good call. nice! are you on sumzero or distressed debt investors club? I think you'd like em both.