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Friday, March 31, 2023 2:36:10 AM
In the event of bankruptcy, preferred stockholders are prioritized to receive bankruptcy payouts before common stockholders—if not enough funds are left, common shareholders may completely lose their initial investment.
https://fortune.com/recommends/investing/preferred-stock-vs-common-stock/
It would be wise to learn the bankruptcy process. Much of what you state, and your thought process of why things will happen, is in fact wrong.
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?
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