Search results

but the problem is that you must have alot of the debt to even matter, i remember back in the old mirant days, alot of the junior debt holders, couldnt even get a date to have their hearings because they didnt own enought of the debt to matter.

alot of them are if they were long delphi debt or common. I still dont understand how they were blind sided. There was a guy here who said they werent, so why was the bond trading like they werent going bankrupt, it should have been pricing in bankruptcy, it only did at the last possible...

well the 2 strategies employed mostly were long stock and short delphi debt, and short delphi debt and long delphi puts. And then there are the crazies who just went net long delphi bonds. http://www.thestreet.com/_rms/markets/emmatrincal/10244891.html...

yup

DNT is the debt lescor, it has been delisted

what do you mean?

Yup DNT was delisted on friday http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh93630_2005-10-07_21-18-04_n07285610_newsml UPDATE 1-Delta Air Lines says stock, debt to be delisted Fri Oct 7, 2005 05:18 PM ET (Adds stock price, details of flight schedule) LOS...

beats me but on paper those guys who do what you, look at themselves as unbeatible. It will be interesting to see what happens tommorow, its going tobe rock and roll time in the credit markets. Especially if you have a couple of large funds, who were net long delphi bonds, and they end up in...

just set up your corporation in us or your home country, and apply common sense, nothing semi legal accounting tatics. You will find its not worth the headache and sleepness nites.

less sorry to hear that, I would seriously consider selling immediately. Im really surprise delta would allow that dividend to pass and not cut it to save cash. But Im guessing as they get more of their house in order they will cut it. Also delta dnt has been kicked off the nyse, are you...

you werent but alot of people were. LOL delphi bonds were trading at rich prices, and nowhere near bankruptcy levels. It should have been priced for bankruptcy, or near default levels. At those rich levels, that were pricing in something good, and no bankruptcy, I suspect come monday, we...

lol, but still were talking about the "smartest of the smartest people in the room". People who have access to every pieace of research, ceo's, brokers, you name it they got it. If these bond traders were so smart how come the bonds werent pricing in a bankruptcy, at those levels, you know...

well we are talking about the debt right, most of the bonds before mid friday were trading at anywhere between 75-88 cents on the dollar. Thats not a very good risk reward. You would expect like any company near bankruptcy, the bonds would be at 30-40 cents on the dollar, or a company on the...

yeah but then the bonds would have been trading at bankruptcy levels, but they were trading like nothing was wrong, in fact the bonds were pricing in positive outcome for delphi. As you know the amount of debt Delphi had over 21 billion dollars out there the largest brokerages and hedgefunds...

Ok delphi debt was trading at the high 70 and 80's on wednesday, thursday, and even low 70's on friday close. I know alot of hedgefunds were betting that delphi would get a deal. They were spouting GM cant afford a 6 billion dollar hit and so on. The government wont allow it. It would hurt the...

But if you were looking at the debt, they were trading at 70-85 cents to dollar on wednesday and thursday, and even a bit on friday. The bond holders, the people who are the most in and knowlege in delphi were blindsided. , Like I said, from jp morgan ,either the guy was incompetent or he...

its just disgusting, JPmorgan was the head dip provider, and you have their JPmorgan analyst pumping and pumping. last last friday he caused delphi to jump 55% to 3.50. I called delphi investors relations,GM investor's relation, and national UAW offices, they didnt know of any Conference call...

or uhaul, but it was a prepackaged bankruptcy, and there was enought in the end to give the common stock holders, some position in the new company. When your dealing with situations like delphi,northwest, and delta your dealing with debt to equity ratios of 10 to 1. In the sake of delta your...

actually its 11 billion dollars, if GM decides not to fight the uaw on its delphi obligations. http://quote.bloomberg.com/apps/news?pid=10000006&sid=a8Lm7c6C3Lg0&refer=home

huh lol no trading on saturday, unless your using your options and giving noticed that your excersizing them, but thats not trading its more desk work.