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stervc

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stervc

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Re: sparkplug post# 25460

Friday, 08/24/2007 4:58:36 PM

Friday, August 24, 2007 4:58:36 PM

Post# of 38908
Sparkplug, to answer that "preferred" question...

Sometimes corporations contain provisions in their charters that authorize the issuance of preferred stock with terms and conditions determined by the board of directors when issued. These are known as “blank check” preferred shares and are often used as a takeover defense. This is also what many know as the “poison pill.” See link below for reference:
http://en.wikipedia.org/wiki/Preferred_stock

There is a lot more to help better understand the variety of options within the link.

v/r
Sterling


Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29867262

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