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Post# of 358439
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matrix

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matrix

Re: easymonee post# 67669

Sunday, 08/01/2004 3:08:37 PM

Sunday, August 01, 2004 3:08:37 PM

Post# of 358439
Sure, but that was 1.5 years ago. When a company cancels shares, it does not mean those shares can never be reissued again. To the contrary, a company can cancel them on 30 Jan 2003 and turn around and reissue them on 1 Feb 2003. There is no way for anyone to tell how many preferred are outstanding unless the company reveals it.

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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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