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Re: 44centsAKAchoccake post# 24

Tuesday, 10/02/2012 2:24:35 PM

Tuesday, October 02, 2012 2:24:35 PM

Post# of 129
Yeah, I sell and I buy and sell and buy in and out....I do like the preferreds though. What has really changed? IMO, nothing detrimental. OK. They take away the capital building aspect. But, the money is going to pay down the amount invested in Freddie. It will reduce the senior preferred.

I am a buyer of the 50s mainly. I like the cheapest 50 and maybe the cheapest 25. Guys, forget the interest play. That is done....go for the value and as always.....go figure...devil