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Strategies & Market Trends : Value Investing

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To: Harshu Vyas who wrote (73822)10/3/2023 7:10:55 AM
From: Spekulatius1 Recommendation

Recommended By
Area51

  Read Replies (2) of 78434
 
QRTEA run down their inventory to a multi year low. I don’t think they can run it down much further. If you think Qurate can muddle through, you should be buying the preferred QRTEP - it trades for 26c on the dollar and pays you to hold it.

I personally think that Qurate needs to restructure and possibly convert the preferred into equity, but that will be very dilutive to equity.bLooks pretty bleak to me.
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