InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,514.00
(
1.00%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
79.75
(
0.00%
)
Bitcoin
67,506.96
(
-0.44%
)
Post# of 45799
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Starlost

Send PM Follow Ignore
Followers 239
Posts 33920
Boards Moderated 0
Alias Born 11/15/2009

Starlost

Re: fooney post# 18385

Saturday, 04/20/2013 10:54:55 AM

Saturday, April 20, 2013 10:54:55 AM

Post# of 45799
My point is, that getting these "preferred shares" is not solely a benefit to the longs. For those who have been holding for years, or for someone who decides to buy some commons between now and May 13, it's no different. This "benefits" shorts and longs either way. The shorts will just dump the commons after they are converted to preferred. So, I don't see this as a win for longs.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up