Sunday, June 16, 2013 6:24:44 PM
You gotta remember the preffered stock has a par value of $50. Commons are worth whatever market states. The lowest preferred guarantees 1.10 divedend before commons see a dime. Plus if you think pre takeover say common is worth $50. With govt dilution of 80% of commons that means this is a $10stock. Preffered gets the biggest bonus. It should out pace commons. If it doesn't recognize the pattern and sell and buy back more on the retrace. 1.50 should be a good range but dollar cost down and save some incase this breaks the .50 range. .27 seems to be the support on the 5 year pattern
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