still want to bet on abk, instead of buying abk

Just bought akf at 4.35, akf is abk's senior bond, I also have some leftover abk shares, so I am betting on a quick prepackaged bankruptcy. Those who are relying on fixed income are dumping akf now since it is uncertain now when they will be able to get next interest payment. There maybe still a couple of months before abk enters BK, a lot of things can happen in between.

On professional market, abk's bond is still fetching good price:

http://cxa.marketwatch.com/finra/BondCenter/BondDetail.aspx?ID=MDIzMTM5QUU4

所有跟帖： 

• quite a bet ... good luck. -Conehead- ♂ (0 bytes) () 11/04/2010 postreply 09:53:42

• thanks brother, a sharp head, you really should -longterminvestor- ♂ (70 bytes) () 11/04/2010 postreply 10:10:27