News Focus
News Focus
Followers 514
Posts 28250
Boards Moderated 2
Alias Born 01/22/2001

Re: gophilipgo post# 344038

Saturday, 11/12/2011 10:19:58 PM

Saturday, November 12, 2011 10:19:58 PM

Post# of 749756
yes they are in the same class

in other words they do not trump each other. They are superior to other stocks i.e. commons. so in essence preferred are all in the same class except H's which are trust preferred... but they have their own problems....

But each preferred has their own quirks and P's quirk is the conversion clause which K's do not have.

Dragon~52

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today