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bigdumbandugly

03/31/20 7:00 PM

#333434 RE: Threes #333433

c'mon you know the drill.
must-own dividend date has passed (3/16) - traders file out of preferred four abreast.
(hopefully some goes back into the common.)

of course an equal but opposite reaction occurs as we close in on next quarter's must-own date.
it's been pretty lucrative play for those who imbibe.

Just look at the monthly chart. It tells the tale.