User 165905

Thornburg's a Huge Bargain After Monday's Crash

anybody still left here. Just bought 10000 shares; any thoughts on potential upside. Looks good based on your commentaries

Thornburg's a Huge Bargain After Monday's Crash

I am just trying to be helpful; It appears that you think reviewing the financial documents from last year are somehow going to give you an edge. There were bankers lining up outside some of my colleague's boss's office working on deals (like that; maybe even that one). You are deluding yourself in thinking that you are "figuring it out" when you are looking at stale information. Information, credit lines, change by the hour, and what is valid 12/31 (or 3/19) is no longer necessarily useful today (in this market).

Thornburg's a Huge Bargain After Monday's Crash

Hi, I'm a junior associate in a distressed hedge fund and just stumbled across this thread, because I was doing some research on another mortgage backed securities fixed income fund. I noticed that you all are scrambling for Understanding". I've been doing securities research for two years, and I am dismayed that you are trying to figure out how to value a company under financial stress without any basic security analysis experience or real investment experience for a major (or even minor firm). This type of investing is for professionals. If you don't have 'access", you are not likely to "get it". There are too many variables that you are not aware of. Many of your assumptions and much of the dialogue between the somewhat intelligent posters is way off the mark. Distressed investing is very complicated, and I've been involved for two years at a boutique firm. JMHO