Looking dismal with low percentage accepting bond tender offer. Participation is around 10-24%...

Stock for bonds sounds good to deleverage when times are good, but things are looking awful and so unsecured senior bonds for stock sounds risky. It could pay handsomely if it works out. Fly in the ointment is that you go to the back of line. Secured bonds get first dips on BK and then unsecured bonds and creditors and then preferred stock and finally common, so taking a risk here from going to seond in line to last in line...

Considering what has happened with JOAN 4Q this months, I am not optimistic about next year...

As saying goes high risk high reward but BBBY is too risky for me...$Bed Bath & Beyond(BBBY)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment16

  • Top
  • Latest
  • Derpderp
    ·2022-12-22
    Derp
    Reply
    Report
  • lawgbk
    ·2022-12-21
    ok
    Reply
    Report
  • Thomas9413
    ·2022-12-21
    Gd
    Reply
    Report
  • 再等等吧
    ·2022-12-21
    [Observation]
    Reply
    Report
  • HANDM
    ·2022-12-21
    ok
    Reply
    Report
  • DaveNg5144
    ·2022-12-21

    Ok

    Reply
    Report
  • YaocH
    ·2022-12-21
    A
    Reply
    Report
  • nsk
    ·2022-12-21
    okay
    Reply
    Report
  • Yvonnecpg
    ·2022-12-21
    👍
    Reply
    Report
  • Syee
    ·2022-12-21
    kkk
    Reply
    Report
  • gnohnaix
    ·2022-12-21
    gg
    Reply
    Report
  • jason90
    ·2022-12-21
    Ok
    Reply
    Report
  • LZ17
    ·2022-12-21
    ok
    Reply
    Report
  • Joseph Hito
    ·2022-12-21
    great
    Reply
    Report
  • PSYBen
    ·2022-12-21
    👍
    Reply
    Report
  • Calvert1234
    ·2022-12-21
    👍🏼
    Reply
    Report