AKS opened lower and went to 4.70. Then it shot right up to over 5.30. I don't understand why. Anyone have any ideas?
The interest that I received yesterday was removed from my account today. I received the interest payment in october. This bond must be included in the bankruptcy.
I was pleasantly surprised when I saw the interest was paid today in my account
Citigroup adjusted their rating from neutral to sell.
The AK steel 2020 bonds are tanking along with the stock. They are around $81 today . They were $90 less than 3 weeks ago. You can collect a 12% yield while you wait for them to go back up. Last year at this time they were around $100.
MGM might bargain shop once CZR goes under. They have some nice casinos in vegas that will probably be put up for sale if they are forced to sell in a bankruptcy court.
CZR is a sinking ship