Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 678.85

-0.3%

4:00 PM EST

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To: Katelew who wrote (144931)	5/6/2020 11:39:33 AM
From: Horgad	Read Replies (1) of 220194

Some are claiming that they got a backdoor bailout because the Feds managed to lower the rates of corporate loans across the board by turning on the money pumps. At one point Carnival was looking at paying 15% to buy themselves some time, but ended up with 4 billion at 11.5% Not much of a bailout, but I guess that is something. They did sell 1.75 billion in convertible notes at a "only" 5.75% interest. That at least indicates that someone thinks the stock will do OK...

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