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FromSaleOfStock45

04/05/09 7:46 AM

#110600 RE: Jim Bishop #110596

Common shares DO have voting rights. It's preferred shares that have none.

Investopedia explains Preferred Stock
There are certainly pros and cons when looking at preferred shares. Preferred shareholders have priority over common stockholders on earnings and assets in the event of liquidation and they have a fixed dividend (paid before common stockholders), but investors must weigh these positives against the negatives, including giving up their voting rights and less potential for appreciation.
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Penny Stocker

04/05/09 2:33 PM

#110643 RE: Jim Bishop #110596

I'm confused now.
Why would Jared say in the cc that he might pay dividends?