tag:blogger.com,1999:blog-7294165939647321702.post9220173957570843251..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: SuperMedia: The Fixed Cost That Won't Go AwaySaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7294165939647321702.post-33859759592921020702011-09-08T09:46:38.506-04:002011-09-08T09:46:38.506-04:00The bank debt trades at 50 cents on the dollar. Th...The bank debt trades at 50 cents on the dollar. The stock is a VERY out of the money option. Considering that you can't imagine too much of an upside tail on the underlying business, that makes it a very unattractive option.Alexhttps://www.blogger.com/profile/15242260300048644991noreply@blogger.com