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Re: RCChristian post# 483734

Wednesday, 12/05/2018 12:09:19 PM

Wednesday, December 05, 2018 12:09:19 PM

Post# of 799996
I believe he is pointing out the fact that if there is a recap and release, pfds get par and or converted to common.

On the downside, pfds get paid something in liquidation while commons get nothing.