Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,624.70
(
-1.36%
)
US TECH 100
23,739.60
(
-1.63%
)
Dow Jones
46,225.15
(
-1.63%
)
Brent Oil
106.58
(
5.89%
)
Bitcoin
71,059.66
(
-3.90%
)
News Focus
News Focus
Post# of 10370
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

TecNasty

Send PM Follow Ignore
Followers 206
Posts 5277
Boards Moderated 1
Alias Born 09/28/2007

TecNasty

Re: Joe Stocks post# 1760

Saturday, 09/20/2008 11:41:42 AM

Saturday, September 20, 2008 11:41:42 AM

Post# of 10370
Question if you buy the preferred stocks and the company is bought out not pulled apart won't you be stuck with the preferreds at the going rate because they won't convert to the new suitor? Is it also possible that you could be left holding if during the Bankruptcy the courts rule you out of the picture all together. I haven't bought preferreds before so I'm trying to gain some understanding. What symbol are they traded under?

Those that suceed lead! Those that fail follow! I'm not your dad and I wouldn't claim you if I was, do your own DD before you play the pennies and don't invest what you can't lose.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now