The Shorting of Frauds, Overhyped and Bankrupt Stocks Journal

Daal · Nov 13, 2012

Quote from Chuck Krug:

Have an account at Interactive brokers. At moment have very little long positions. Any ideas what to do with the cash?
Was thinking about some bond funds, but not really my specialty.

Sometimes when I have free cash and lots of margin I buy Pimco total return fund
BOND

Chuck Krug · Nov 13, 2012

Was looking at that. Not too risky?

Daal · Nov 13, 2012

Quote from Chuck Krug:

Was looking at that. Not too risky?

I believe they disclose their exposures and duration in their site so you can take a look at that

Daal · Nov 13, 2012

OSG said they will delay 10Q

Chuck Krug · Nov 14, 2012

OSG bankrupt.
Good job guys!
Who came up with this play? Daal or m22au?

Chuck Krug · Nov 14, 2012

Daal> You mentioned once that you look at bonds a lot to come up with short ideas.
Are there websites that cater to this?

Chuck Krug · Nov 14, 2012

zaza bouncing. I'm adding here at 2

newwurldmn · Nov 14, 2012

Any thoughts on MBI?

This bond tender could really mess up shareholders.

m22au · Nov 14, 2012

Quote from Chuck Krug:

Daal> You mentioned once that you look at bonds a lot to come up with short ideas.
Are there websites that cater to this?

Not sure if this is the type of thing you're looking for:

http://cxa.gtm.idmanagedsolutions.com/finra/bondcenter/tracemarketaggregatestats.aspx
(look under the "Most Active High Yield Bonds" section)

For example ATPG is 9th on the list, a company that went bankrupt earlier this year.

Daal · Nov 14, 2012

OSG goes bk the morning that I went into vacation after I stalked the stock for weeks, awesome