COR's credit default swaps rose 1000 basis points, meaning no one wants to insure it against default; that is too much, and at some point in the future investors will wish they had sold at $60.

And now, Korowef, 1000 basis points. This is their insurance against default, i.e., credit risk swaps. So, they have insurance against default and it has increased by 1000 basis points. That's too much.

This means that no one wants to insure Korowef, which, in other words, means that at some point in the future, investors will wish they had sold at $60.