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jackson227

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jackson227

Re: Goldmembers post# 573

Thursday, 11/20/2008 10:09:37 AM

Thursday, November 20, 2008 10:09:37 AM

Post# of 4849
Speaking of preferreds, after we make out like bandits on these, imho it is time to start eyeing up the best of the GM , Ford, and Citigroup preferred shares. They are dropping as we speak and pay great divis with $25 par value.

Citigroup common stock , C, is down 15 % already today , and the already discounted GM preferreds are down 10 % already. Something to seriously consider. Get in early enough, but not too early. Something to think about.

Good Luck!
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