'Tis true, 'tis true, Castle and good correction. But based upon our current O/S (hopefully still around 815 million) IMO these restricted releases that can't enter the float for 5 years are great leverages of company buying power. As long as O/S doesn't grow faster in ratio to profitability.
It's always been the Preferred that scare me long term, as IMO, over the course of 2006, they have moved away from using restricted and towards using preferred (probably b/c their common share pps has tanked somewhat).
SO much to take on faith now! Thankfully I have learned not to buy more than I can afford, but just enough to keep it all fun and hopeful of better pps' in the future! Plus PBLS is one of a few I hope for good results from.
Man would I love to pay a house off for my wife's sake and build in orphanage in India with the leftover's of a .50+ pps!
We will see what happens.
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
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