Wednesday, September 13, 2017 1:14:54 PM
I even see where they may just re-issue preffereds for new prefferds.
PAPER for PAPER is always how big biz does things, and if I got newco preffereds with all that I have and they pay say 4-5% and are tradeable why not................ 1000$ P 25$ K that pay 4-5% and if I CHOOSE I can sell anytime I want, or ride the diviy ride from here on out
I'd probably cash out half and ride half..........
We KNOW or feel that there are still liquid assets(MORTGAGES)that are being serviced and creating income,so that income imho will be used to pay prefferds their diviy and may as well pay commons an annual divy until all have closed out
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