also, bryce doty, senior portfolio manager.represented in this debate this morning bryce, i want to start with you, because right now tesla's bonds are rated junk do you think they should be? >> without a doubt they're rated junk for the right reasons. i mean, they continue to bleed a river of red ink it's difficult to predict the future it's incredibly competitive environment they're in they continue to miss sales forecasts and production forecasts, so it's a pretty dicey situation. you know, the bonds they issued last week -- i mean, it's amazing that they're down 12% already. that's wiped out $200 million for bond investors even for a junk-rated bond, that's pretty tough to take. i think what was happening was that people realized, investors realized they could buy the convertible bonds, short the stock, and even though the bonds are down 12%, stocks are down more, you actually made 5% or 6% in the last week those are the kind of situations that we like to stay away from, and i think the junk rating is more than warranted. >