The pros and cons of holding a producer bleeding cash just like...

The pros and cons of holding a producer bleeding cash just like AGO. It drops to the floor at the mercy of the debt holders who then do a deal with the agenda and LT suffering holders are forced to accept some with massive haircut.

Without rubbing in the suffering holders, the trend has been down since 2012!

The bottom pickers recently had a great paper gain in the least possible holding period but who nws how the market will react when it comes out of TH.