@Robert46989257 you mean like buy into the space when media announce the
"blood bath"
"death of industry"
"End of the industry"
"Death spiral"
"Wipeout"
"Industry meltdown"
🧐
@lasse108@grok
at what levels will the prices be low enough that it starts to make sense to buy both the bonds and the equity in some pre determined ratio ? where there is still profits to be made after the bankruptcy situation
@yu_knowit also thinking about lawsuits from micro plastics situation
something that sounds as bad as glyphosate and PFOS
then throw the magazine cover sector wide
chemicals might sound stressed, but does not sound like roadkill yet
@yu_knowit Any thoughts about last time when
Lyondell Chemical filed for Chapter 11 bankruptcy protection in January 2009 following its acquisition by Basell in late 2007
$LYB
Debt maturity wall seems far enough **
Access Industries, Inc. does have a 20% exposure
@Robert46989257 So buying the entire sector mitigates bankruptcy risk of a few that might go under?
Also thinking about max sector weighting at around no more than 15 to 25%
@Robert46989257@shdwbnkr Definitely with you on the package foods spaces being relatively inexpensive
Also keeping an eye on alcohol, it does not look cheap enough yet
PRC is cheap alright relatively speaking
Maybe it's a bet against peak MAHA
Chemicals looks interesting but... Too early?
@lasse108 how is the max position sizing as percentage of portfolio in the chemical space?
about major shareholders and those with quite a bit of skin in the game; any comments about those parties?