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Post# of 797188
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Re: stockprofitter post# 459471

Saturday, 05/12/2018 7:31:05 PM

Saturday, May 12, 2018 7:31:05 PM

Post# of 797188
Senior Equity (Preferred Shares) may never see a dividend again. This is true. However, Senior Equity must be dealt with before Junior Equity (Common Shares) can have any value. There's no way around it. Better to be in a Senior position when you're investing in a Re-Capitalization as is the case with the GSEs.

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