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Latergater

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Latergater

Re: camaro4me post# 15

Thursday, 04/19/2018 1:49:38 PM

Thursday, April 19, 2018 1:49:38 PM

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The pfd shares have been looking good over the past week as common shares continue to bleed.

There is a clear rotation to pfd shares as Ackman has been buying up pfd shares to hedge his risky common bet.

Fannie/Freddie commons (-52%) vs. preferreds (-7%) since mid-Oct. Institutional vs. retail money


https://twitter.com/pokernermal/status/984851692284821504?s=21


Pfd shares should see pretty close to par as even Bob Corker has stated.

We have contractual rights and cannot be wiped out like the cmon shares to having money in the pfd is a smart bet.

Long and strong.

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