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Post# of 869597
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The Man With No Name

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The Man With No Name

Re: Barron4664 post# 794332

Wednesday, 05/22/2024 12:19:33 AM

Wednesday, May 22, 2024 12:19:33 AM

Post# of 869597
You're dang right I'm sure and there's nothing novel about them. Senior/junior, etc. only denotes seniority in rights. Just because you have an ownership interest, i.e. - SPS, JPS, Commons......that doesn't mean the ownership interest has any value (in the case of negative net worth).

You seem to be confused by the SPS cumulative dividend feature.
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