Junk bonds: Not always junk, but pretty often (Callon Petroleum)
November 19, 2009
If you have been following this blog for some time, you may recall the first move I recommended was the bonds of Bon-Ton Department Stores, which I suggested could be hedged by shorting an equivalent dollar value of the stock. At the time the bonds were at 46 and the stock was at $4. Now, […]
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