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Post# of 797188
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Commons_Cancelled

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Commons_Cancelled

Re: CatBirdSeat post# 462437

Tuesday, 06/12/2018 10:16:20 AM

Tuesday, June 12, 2018 10:16:20 AM

Post# of 797188
A Conversion to Commons sounds better to us. Not to mention, the GSE's won't have capital to redeem Preferreds. Conversion is the logical conclusion.

We're all just Average Joe's on the inside. Preferreds are just the intelligent minority of the AJ's since we saw this coming years ago.

Get your umbrellas ready, it's going to be raining dilution upon exercise of the Warrants and Conversion of Preferreds.

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