News Focus
News Focus
icon url

novicetrader

09/20/08 8:11 AM

#1767 RE: Churak #1766

Sorry,it wasn't in reference to your question.I just posted it in general.
icon url

Joe Stocks

09/20/08 8:26 AM

#1770 RE: Churak #1766

Remember, the preferred shares holder rank above the common. The preferreds will be paid in full before the common get much of anything.

Buy a preferred share I mentioned and you have a $25 per share unsecured debt claim at the bankruptcy versus the common that have no claim to any assets until everyone else is paid in full.