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Tuesday, May 02, 2023 11:45:14 PM
Preferred will trade around par and earn regular dividends once out of conservatorship. Out of conservatorship, commons will trade based on their equity and potential revenues. Preferred is better for the timid while commons is the choice for the brave. I recommend a mix of both.
The JPSs won't trade out of conservatorship because they won't exist.
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