This is a very beaten-down sector, with many companies in serious trouble. However eventually it will turn. I mean tankers, container ships,...
I have been doing these for years. The debt can often be traded well after announcements when forced sellers are dumping. Or, wait until the POR...
Bankruptcy is not the end, except for the common stock. Many times I have bought the debt by after bankruptcy anticipating that the new common in...
Yes, the crisis seems to have passed for now, but we will see if companies can make money in this environment. One example is CHK, whose stock...
Holding period depends on the cost to borrow for the short. With companies at risk of bankruptcy, this can be high. So you need a catalyst, for...
If you bought your debt cheaply then if the company recovers it would presumably go to par. I generally will do these pair trades when the debt...
The concept is to play the seniority of the securities. It works when a company is under stress, as in at risk of bankruptcy, but when you see it...
With shorts I use put options to limit risk. You may lose your entire premium but you can get the leverage of a much larger short position if it...
Personally I use Linux with the graphical interface Ubuntu. Installing it is a little gnarly, so you want to buy it pre-installed from some place...
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