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biosectinvestor

08/16/22 11:56 PM

#505712 RE: jdheart101 #505574

There is no evidence that buyers of "C" preferred are doing anything of the sort. And your theory doesn't really make sense.
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jimmy667

08/17/22 1:05 AM

#505722 RE: jdheart101 #505574

This is a made up fantasy. Even as a piece of fiction it is poorly thought through. How could one cover short common shares with Long C shares that can not be converted to common shares for 90 days? One still would need to buy coming to cover the short common but that dull trader expended the capital needed to buy the common on restricted C shares.
If you want to butcher logic I would suggest you reach in the drawer and find a sharper knife.