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Gold/Mining/Energy : ATPG Shareholders

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From: Billy Bilgewasser3/4/2014 4:36:00 PM
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Bond market looks like somebody is trying to drive the price of the ATP second lien bonds down so they can buy more. The bonds traded all day at around 1.0 or above. Then somebody sold 12 bonds at .35 just before the close. Similar thing happened last Thursday, also at .35.

That's way too big a markdown from the active-trading price to make sense.

FWIW, I am long the bonds, with an unrealized loss, but hopeful of a recovery and more. I just wish that I had more insight into the facts on the ground (that is, in the courthouse(s)).
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