I did not consider a debt breach as a problem, because some of the debt was in the wrong box, which the parties could negotiate to fix by moving some vanilla debt into the warehoused-securetised-debt category. I did not delve into the matter, so my viewpoint may not have withstood scrutiny.
I seriously thought of buying more at circa 60c, because some tax-refund money came to hand, but I procrastinated due to other things hogging my time, plus I was unsure when one of my offspring wanted me to pay her $10K that I said I would give her to renovate her bathroom. Consequently, I missed out on a quick profit over the last few trading days.
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