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Alias Born 06/16/2019

Re: None

Friday, 07/12/2019 10:45:16 AM

Friday, July 12, 2019 10:45:16 AM

Post# of 796332
The Common Stocks are the real Equity stocks.Ownership of FnF, thanks to their Voting Rights.
The Preferred Stocks are obligations that simply receive a coupon payment. Their ownership interest on FnF surges only upon Liquidation of FnF, which will never happen with a Treasury backstop written in the Charter.
The Common Stocks trade at 13 times their EPS. 13 times!!!!!!!!!!!