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Re: LowFloatLopes post# 742

Friday, 03/31/2023 2:36:10 AM

Friday, March 31, 2023 2:36:10 AM

Post# of 881
That's a very strange thing to say. Preferred shares are in line before commons in the bankruptcy process.

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.

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