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Re: MannSinger post# 453285

Sunday, 03/18/2018 6:52:23 PM

Sunday, March 18, 2018 6:52:23 PM

Post# of 793658

Is Fairholme dumping preferred to buy common?



No chance. They dumped prefs to meet redemptions. If they had bought commons in 2017 that would be on their annual report, and if they bought that many commons in 2018 there is no way the price would have slid the way it has.