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Re: Acumen post# 126

Monday, 11/07/2016 1:33:46 PM

Monday, November 07, 2016 1:33:46 PM

Post# of 138
I agree the common shares are a bad investment, exactly because the management can print shares. But you cannot use that argument as a reason to avoid the preferred shares. That is debt not equity. Moreover, those preferreds continue to accrue interest even if they stop paying the dividend. The fact that management owns so much of the preferred suggests to me they won't stop the dividend.