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JOoa0ky

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JOoa0ky

Re: nats1 post# 603561

Friday, 04/10/2020 10:24:01 AM

Friday, April 10, 2020 10:24:01 AM

Post# of 797112
https://www.marketwatch.com/story/citi-gives-public-preferred-5-15

Different conversion rates for different prefs.
Conversion at a premium to market. "A person familiar with the matter said the price was calculated using a 20-day moving average price."

Be aware that as the news start coming in and the commons start spiking, the returns on the pref conversion may not be as good as you may think (: Of course a lot of it still has to do with at what price you picked them up at.

What does that mean here?
Could mean the same thing or nothing at all...
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