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Non-Tech : Income Investing
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To: xerty who wrote (51290)6/21/2024 11:24:50 AM
From: Privately  Read Replies (1) of 52115
 
I gotta agree with you, xerty. Time to abandon ship if you own any CSSE issues.

I confess I flipped some of CSSE's baby bond CSSEN soon after it was issued based on momentum and zero diligence. Made a few quick bucks, even picked up a fat divi in the process - but then I started looking into the company more and smacked myself in the back of the head. Talk about picking up nickels in front of the steam roller! In my 20 minutes of research, it looked to me like their ship had already hit the iceberg and they were bailing with a teaspoon.

Luckily for me, I haven't owned anything from them since 2021, so I can watch the burning hulk sink under the waves from a safe distance.....
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