% | $
Quotes you view appear here for quick access.

Tesla Motors, Inc. Message Board

stockeater88 1 post  |  Last Activity: Apr 22, 2016 9:56 AM Member since: Apr 25, 2006
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    PUERTO RICO fallout

    by alsancak63 Apr 13, 2016 7:27 PM
    stockeater88 stockeater88 Apr 22, 2016 9:56 AM Flag

    Own rmunx and Ornax. The non tobacco backed bonds are trading at fifty cents on the dollar. Short of whole sale liquidation I think we should be OK. If a restructure was a 25% haircut, the the bonds would theoretically get a fifty percent pop. Of then there is the question of the yield on the over all fund dropping. There is a chance the market has this priced right and the two offset and nothing happens to the price, only a decrease in the yield.

201.79+3.24(+1.63%)Jun 28 4:00 PMEDT