this is very strange stock action.
Bond goes down, stock up.
Bond yielding 25%++
People too busy buying without paying attention to the bond.
Stock went up in a straight line. Since they know how to manipulate, diid they drive the stock up so they can sell....
I remember it was $14 $15 not long ago..
Book value is -$6.7
WRONG 19% and falling but a good try.
Yielding 26 %
HARRAHS OPER INC
CAESARS ENTMT OPER CO INC
tell me about it. you would think that the sky rocketing stock price would somehow impact the debt, but it hasn't. I hope the old saying that the debt is smarter than the equity is wrong in this situation since I'm long the debt..
Yield is below 19 today and it's inter dealer trading so retail yield is even lower from 2012 28% high.
Your point is ??????????????? Everyone know this