I had bought some 2020 bonds at 0.77 on the $. I thought the common might either get wiped in a restructioning or diluted down with additional offerings. Well on the 4th I bought some of the equity. The problem is the bonds are diverging negative relative to the equity. That includes the 2017, 2018 debt issues also.
Well well well....
50 mil share block is certainly a nice signal
And some of us have some really really cheap
Shares now, to go with our really really expensive
Shares...however a new light appeared today
And that's the REIT side