Most important, realize that investors can get burned by fire-sale prices.
Smaller companies that were in the business just for the tax advantages have either left the field already or sold out at fire-sale prices.
Companies may not be available at fire-sale prices, but they are certainly cheaper than before.
When markets are falling, a fire-sale price may be the only offering.
Even worse, no other investors wanted to buy them, despite the fire-sale prices.
Where their citizens' health is concerned, some developing nations clearly have the edge over us on doing much more at fire-sale prices.
And these did not go for fire-sale prices, she added.
"But to get that way dealers had to mark down the 10-year notes to fire-sale prices."
"But not so anxious that will we sell at a fire-sale price."
But fire-sale prices are destined to end, he and other analysts say.
