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Re: fixedops post# 540567

Monday, 10/08/2018 12:49:39 PM

Monday, October 08, 2018 12:49:39 PM

Post# of 749756
All of the hedge funds that bought preferred got next to nothing. They probably make a deadly mistake for the first time.

In particular, TPS shares got converted to preferred, albeit at a high conversion rate, but it is preferred shares, the same type of shares that small fishes can buy.

They are in the same boat as retail, albeit they just own more.

But a HUGE NUMBER times ZERO is still ZERO.

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