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Re: BeachBum post# 67977

Tuesday, 06/20/2017 8:25:20 PM

Tuesday, June 20, 2017 8:25:20 PM

Post# of 88445
Agreed, primarily. Commons do bring more of the public into play; whereas certain levels of ownership interest is concerned, voting interest, etc. Of course, in the case of a reorg or bankruptcy and dividend issuance (cumulative and non-cumulative), the preferred's receive preferential treatment and the commons always have the possibility of being wiped out.