Same here ! Looks like a lot of pps manipulation going on. Hard ti comprehend at Stock that pys 53% + in a divy!! But we have it here. The drop is for accumulation so the stock is being "driven" down so some can accumulate more shares. Stay close to these as they will move dramatically after the mandatory settlement next June. Probably PRIOR to that date also. You will have a lessening of the preferred and a 33% increase in common with a lesser divy. DO the math in your own cost situation and see what works for you. Personally am adding at these incredibly cheap prices for the next dividend. GL!
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