Digesting the results of this polarizing credit innovator.
Good write up. I do think, however, that you’re succumbing to the typical panic selling. If you’ve already made a small allocation then what’s selling 50% going to do? You’ve locked in a small loss and will miss out on a LOT of they survive—which is probably much more likely than you think.
Good analysis, thanks. I still cannot understand why the stock popped yesterday