Posts

Bally's SUN 2031

New Fortress Energy SUNs

Dutch Bros (Written H1 CY26)

Cooper Companies - LONG

Factset [FDS-US]

Six Flags [FUN-US] - LONG

QVC, Inc SSN

AMC [Sub Notes] - LONG

McGraw Hill [NYSE: MH] - LONG

Latham Group [NYSE: SWIM] - SHORT

Frontier Airlines [LONG]

Western Midstream [LONG]

Audacy Post-Mortem

Cava [NYSE: CAVA] - LONG

City of Chicago Screen

IQVIA Credit Screen

Floor & Decor [SHORT]

Live Nation [LYV]: LONG

Capital One: Long

Babcock & Wilcox - Senior Unsecured Notes Due 2/2026 @ 8.125% [LONG]

Summary : B&W's Senior Unsecured Notes due 2/2026 are undervalued . Even in bankruptcy/partial payout, market is severely understating recovery potential . I propose a LONG despite liquidity issues, where B&W funds 60-70% recovery of par via targeted carveouts. Implied 40-60% return in 6-9 months.