You totally failed to grasp what I was saying - good luck with you trade.
Please enlighten me then. You're talking about an investment in CYCC in terms of the preferred shares and I'm talking about it in terms of the common stock, which is my current position. I'm not saying the preferred shares aren't a good option, I'm just discussing this in terms of my current position. And, as previously noted, this is not a trade for me; it's an intermediate-term investment.
I can't make sense of the trading action in the last couple of days. Have you heard any dilution rumors lately? I know the company had Piper Jeffery as an underwrite to sell some shares a couple months of ago. Are investors expecting some kinda dilution?
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