Replies to post #56562 on Traders Cooperative

[dave_s]

Only some of them are. Not sure why only those. maybe those are the ones that are allowed to stay as preferred after the conversion.

[dave_s]

Of the C enhanced turst preferreds, Only C-E and C-W seem little changed. C-G, C-U C-F and C-O are flying.

[Joe Stocks]

Found out why some C preferreds are up huge and others are not. Seems there is a priority as to what ones get converted to common at attractive terms ( not sure how attractive the terms are).

http://www.citigroup.com/citi/press/2009/090507f1.pdf?ieNocache=869