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Re: RumplePigSkin post# 622771

Monday, 07/27/2020 3:15:58 PM

Monday, July 27, 2020 3:15:58 PM

Post# of 798198
JPS are waiting for the Conversion to Commons to come from the GSEs. No one is manually doing it now. That would be very foolish.

Odds are you'll get a much better Conversion Ratio if you wait. The same happened with Citi. And you know what they say about history -- it sure likes to rhyme wink

I'm wondering if Jr. Preferreds will get an even better Conversion Ratio than Citi Preferreds got. Wouldn't that be a pleasant surprise??



#JPSareFULCRUM