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Post# of 796377
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Louie_Louie

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Louie_Louie

Re: Commons_Cancelled post# 607724

Wednesday, 05/06/2020 6:52:50 PM

Wednesday, May 06, 2020 6:52:50 PM

Post# of 796377
Pref's have zero say
Pref's are looked at more as debt than equity.
Diluting commons by cramming down the share price so pref's can convert benefits no one...not government, not commons, not bod, not any ipo. Any IPO would even further dilute and no one will want to buy into that.

Best case for pref's is they get their coupon payment back...2, 3, 4 years from now.
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Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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