my bbi valuation / dbct sale flows, page-267

cbrendan,
I have taken a long time to build up a sizeable stake in BEPPA at average 2c (after arbing, selling BBI near the highs a few weeks back, etc etc).
I might be wrong about BBI catching BEPPA again so I'm not prepared to sell out of BEPPA now. I have more enough BEPPA.
My strategy is still the same: HOLD BEPPA until BBI is "safe" and BEPPA has put a gap on BBI. Then switch back to BBI.

BUT........ ONLY WHEN CORPORATE DEBT IS NIL or CLOSE TO NIL.