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Craigla1 » Comments » GAP

  • Basic Food Fund at Rock Bottom Prices [View article]
    Mark: Why not load up on GAP's long dated (2039) bond, GAJ? $25 par value, $2.34 in annual coupon. Trading below $11. Now yielding well over 20%.

    This looks to be a better play than buying the common.
    Nov 21 10:36 am |Rating: +1 0 |Link to Comment
  • Great Atlantic and Pacific Tea Company: The Glass is Half Full [View article]
    Mark: GAJ is not a senior note - I believe it's a preferred issue. Please correct me if I'm wrong here.

    Thanks.
    Nov 10 09:51 am |Rating: 0 0 |Link to Comment
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