Varmit:
Agreed, the preffereds are a sight for sore eyes. I visit mine at the vault weekly just to see the sparkle. Although, the sale of my pref's will close this Friday. Hate to see them go, but money is money, even at a slight discount. You know, time value of money and all that boring stuff.
Remember A's + B's = C's as in lots of C notes$$$$$$$$$$$$$
EDIt: BTW, when I was down at FFGO world HQ, I heard Bauman was backing out of the deal and wanted his parcels back. So I decided to go with a sure thing.