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Post# of 42873
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gold-nugget

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gold-nugget

Re: AUSretired post# 34850

Monday, 06/20/2011 11:03:20 AM

Monday, June 20, 2011 11:03:20 AM

Post# of 42873
thats how the absolute priority situation/rule goes...

If it didnt exist you will not have any PREFERRED stock in any company...

the trading community will balk at all Preferred Shares in all companies....

Commons are the last in line of any company and that is a fact...



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