I decided to do some research again this weekend and when MF made it on the home page of FT, I started waking up.
Dude, why didn't anyone tell me this was a Lehman-style catastrophe waiting in the wings?
I cancelled my additional buy and will not be averaging in. However, I'm keeping my sell order @ $3.99 in case... in case it doesn't go bankrupt. And maybe I'll buy some MF junk bonds if it does go bankrupt.
Thank God this wasn't a huge position, or I wouldn't be able to sleep tonight...
If 9FM finds out I'm into distressed investing, would he think less of me? Wait, what am I saying? He's into distressed investing too...
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