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Msg  193 of 251  at  8/6/2013 5:03:44 PM  by

InspectorBudget


 In response to msg 192 by  hendi_alex
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Re: Activity August 5

Another fill today. FSCFL at $23.55 - the low price of the day. Effective Yield on cost: 6.44%. Maturity 2024 at par $25.

I had traded FSCE, the more expensive sister, a couple weeks ago. Bought $24.50, sold $24.88 in order to swap for FSCFL.

The 2 sisters have come down quite a bit since then. So they were falling knives, hope the fall is coming to an end.

There may be more pain to come, but I still have 20% in cash, waiting for the right time to re-invest.


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