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HEATHERINGTON's  Instablog

HEATHERINGTON
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  • ATPG
    Why buy this stock when you can buy the bonds instead ?
    The very high yield (30%+) on the bonds tells you that the market believes that ATPG may wind up in bankruptcy court. The bonds look like a much safer investment than the stock.

    Disclosure: I am long ATPG.

    Additional disclosure: Long the bonds, not the stock

    Tags: ATPAQ
    Feb 06 9:53 PM | Link | Comment!
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