Replies to post #61 on Cit Grp. Pfd A (fka CIT-A)

[Joe Stocks]

So, how does one get the 9+ shares for each CITDQ? If indeed you could convert immediately, you could sell that common immediately for a nice return.

I hold only the A's. Maybe I will buy 100 shares of CITDQ just to see how it works.

Do you have a link for that 8K?

Thanks

[435613422]

research177, so you believe CITBQ (CIT-A), will get some sort of money? how much $ do you think each share of CIT-A will get?