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Re: stockprofitter post# 438112

Friday, 11/24/2017 1:30:55 PM

Friday, November 24, 2017 1:30:55 PM

Post# of 797187

FNF are not filing bankruptcy and that is the only way the Preferreds come out ahead versus common.



False. If the junior prefs ever get a conversion to common offered above today's ratio then a dollar put into junior prefs today comes out ahead of a dollar put into commons. This remains true even if the warrants are never exercised.