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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (1211)6/9/2006 10:08:23 AM
From: RockyBalboa  Read Replies (1) of 6370
 
REVLON must be a GTO now. Perelman only supporting bonds but stcok is sold in size likely for anticipation of Ch.11 filing next week. Despite all the negativity ... there "must be some final DCB".

It makes sense to "support" aka buy bonds and hold debt. After the bankruptcy proceedings for revco the new common shares will return to the debt holders. And the old certs to ebay...
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