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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (56227)11/14/2015 5:04:21 PM
From: Jurgis Bekepuris  Read Replies (2) of 79139
 
Yes, SFY debt has fallen below $.20 on a dollar with pretty much no liquidity at Fido. SFY is likely toast. Debt holders may recover something.

CHK debt fell below $.60 on a dollar, with 20% yield to maturity. CHK is not doing well either, though they definitely have more cushion than SFY.

At this time, I am not buying more CHK or SFY debt.
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