sizeable loss already on the position but still not scared here
I am buying their 2017 bonds that earn about 16% YTM
Buying their Sr Secured bonds at 16% and some clown accused me of lying about their debt lowered to CCC+? ROFLMAO
Sentiment: Strong Sell
Quite daring in this market.
Glad to hear that you're firmly on-board here.
You've made good money on your prior few GGS trades, so I'm sure you're still up overall.
for sure this one has made me a lot of money this year and I hope to build on this track record - looking at today's move the current position is back at break even (around $2.55) so I am not worried about this one here.