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Ultrapetrol (Bahamas) Ltd. Message Board

  • elle_cid99 elle_cid99 Dec 20, 2012 5:09 PM Flag

    Bonds almost back to par.

    Bonds are selling almost at par. Mostly around 99.6 today.

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    • What service are you using to get bond prices? thanks

      • 1 Reply to ntoor
      • First check with your source for buying stocks. I use 3 different online brokerages to get them; each has a different system for looking up bonds. It takes some time to figure out how to fill in the information--but it's worth learning. Some brokerages won't give you the cusip # unless you have an account.

        If you are interested in bonds from a specific company, you could get information from any broker (although I'm told many brokers don't like to bother with individual bonds for individual investors. There is no $ in it for them.) Ultrapetrol is junk and some brokerages won't sell you junk bonds. Fidelity has a lot of information on bonds. They will sell you just about any bond, I think.

        Advice I received to reduce risk is to keep maturities between 3 and 7 years; buy larger companies; and don't stretch for yield. If you buy smartly, you'll make up in capital gains what you don't get in yield.

 
ULTR
0.3316-0.0784(-19.12%)Jun 24 4:00 PMEDT