FreeMkts

Are 'Phoenix' Stocks Getting Ready to Rise?

Preferred stocks and debt of these types of stock are also interesting and pay very handsomely for those that limp along and survive without the stock recovering. HUN debt trades for 40 cents on dollar and they have $1 billion in the cash. Not sure if the stock will ever recover but that bond holder can do well with a lot less risk over the next 4-6 years. DDR preferred stock has a 30% current yield. Different strategies for survive versus thrive businesses. I would like to see more articles on how to play capital structure for various companies.