are you still in or out on BBBY? looks like going to get crushed today.
Still in. Think there is potential for a squeeze still.I hope you got out. Good chance the bond-holders end up owning this company.
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are you still in or out on BBBY? looks like going to get crushed today.
Still in. Think there is potential for a squeeze still.I hope you got out. Good chance the bond-holders end up owning this company.
Pepper has anything changed in China regarding the real estate market. Everything I am seeing and from what you reported earlier is that Evergrande is going to be a relatively orderly bankruptcy. The CCP continues to string this out by coordinating sales of Evergrande to state run entities and they have put more money into the banks to ensure lending continues. I would assume real estate prices have been relatively stagnant the last couple of months. I don't see any contagion occurring at this point, but it might be below the surface and there may be more problems that the CCP won't be able to control. I know there is another concern of municipal bond debt possibly being the next big issue in China. Combined between the two if they were both to go down in tandem it might be too much for the CCP to handle, but right now I think the CCP is controlling the situation so far.