Comments (15)

 
Aug 12, 2020 - 11:17pm

I was gonna say buy the equity stub and DM Dave Portnoy on Instagram / Twitter and watch it 10x in 2 days

But yeah, what you said.

Follow me on Instagram: @dickthesellsider

 
Aug 13, 2020 - 9:57pm

Buying bonds/loans at distressed prices assuming attractive creation multiple for the post emergence company.

Short bonds/buy CDS if think bonds will fall.

Buying trade claims at a discount assuming you think there will be a full recovery.

Buying puts on the equity.

Of course most of these things 1) aren't for retail investors, and 2) more importantly, its often extremely difficult to source these securities - a bond might be quoted at an attractive distressed price but more times than not there is minimal if any offered for sale - or the price of the carry of a short will be prohibitively high eroding potential returns.

 
Aug 13, 2020 - 10:48pm
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