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It actually reminds me more of a gOvt jobs creation program. But yeah, I'd short the hell out of this stock. I bet Goldman did the IPO for better info on pricin
by fleitz 15y ago
It actually reminds me more of a gOvt jobs creation program. But yeah, I'd short the hell out of this stock. I bet Goldman did the IPO for better info on pricing the CDS
- effn 15y agoGiven the transaction costs of credit swaps, it doesn't make sense to trade them for companies as small as Groupon. That's why there are credit indexes, and Groupon is not part of any AFACT. They are definitely way too small for single name credit swaps. I don't even think they have any outstanding marketable debt instruments.