InvestorsHub Logo
Followers 17
Posts 1798
Boards Moderated 0
Alias Born 10/11/2007

Re: lionfrost post# 6100

Tuesday, 02/16/2021 9:07:16 PM

Tuesday, February 16, 2021 9:07:16 PM

Post# of 6123
I think they continue to pay the dividend to the preferred cuz the board and their family members probably own the lion’s share of those shares. So you’re better aligned with management, which is good for you I suppose, and probably why the common has been left for dead. The preferred price is stable and continue to get an inflated interest payment, while the common are hanging by a thread and company looks abandoned.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.