I have a stupid question: If, in fact, the deal has been cut and there is a date to be set in early next year when supposedly the preferred stock will be redeemed for many multiples of the current price, why haven't they halted the stock from trading to save money?
BTW, I'm long. Will someone enlighten me?
Piano Player XIII
All my posts are strictly my honest opinion but should never be relied upon for nor considered to be investment advice of any manner. All my posts should only be read for their entertainment value, as lame as it may be!!