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Thursday, November 12, 2020 2:49:45 PM
JPS shares will be outperformed by commons by multiples in every scenario except liquidation
Sorry buddy. Just look at JPS performance since Conservatorship.
JPS have outperformed Commons by many multiples (10x+).
I expect this trend to continue. Once Conversion occurs, there's no way Commons can outperform Jr. Preferreds.
And it's coming amigos!!
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