Yesterday I purchased a junk bond CUSIP 778669AH4 ROTECH HEALTHCARE INC 10.50000% 03/15/2018 SR SEC NT for $60.50 per $100 face value which will yield over 23% if this healthcare provider, which relies on Mediscare payments for over 60% of its revenue, survives the consolidation/purging in its market niche (home medical equipment and supplies esp. respiratory) and Mediscare reform.
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