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Amigo Mike

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Amigo Mike

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Thursday, 12/23/2021 3:25:21 PM

Thursday, December 23, 2021 3:25:21 PM

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I think Toporek made first booboo with this preferred secondary.

Next time let's hope he has learned. Selling existing preferred at a 25% discount is ridiculous. Guessing he got less money than he wanted to raise as well.

I picked up a few preferreds below $17 today. Happy to take in the monthly div at greater than a 13% rate.

Toporek continuing to execute and these will move back towards PAR no problem.

Amigo Mike
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Total Trades:
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  • 3M
  • 6M
  • 1Y
  • 5Y
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