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Re: maddyandboomer post# 138252

Friday, 05/17/2024 9:58:50 AM

Friday, May 17, 2024 9:58:50 AM

Post# of 138517
re: CDers 500-1 preferreds

$AXXA
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Indisputable on all points. Thanks for your post.

In February, 2021, (at the monthly low) AXXA had a market cap of $6,880,000.. Today the tangible market value is $487K. (The $220MM in assets notwithstanding). A loss of $6.4MM in market cap in a period of 3 years. (source: Barron's)
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AXXA is the very definition of financial ruin.