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umaw

01/08/10 12:59 PM

#134850 RE: jimmy neutron #134839

Jimmy, that is right. More risk in commons but looking better with more evidence coming out daily. Hopefully, THJMW will let justice prevail and put the wood to these crooks (JPM and Shelia Bair at FDIC)
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REALtime64

01/08/10 1:05 PM

#134851 RE: jimmy neutron #134839

I am light on pef. the P's only reason is if paid out it will be restrictive about 6 mon. to a year the common' will run out soon the p's IMO will be converted 1400 U's for every 1 P share but you got to wait to get paid thats my take but i could be wrong.....
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John Gyver

01/08/10 1:13 PM

#134856 RE: jimmy neutron #134839

When the PQs were at $20 and the KQs were at $.75 then the safer, better buy was the preferreds.

Now that the PQs are at $77 and the KQs at $2.20 the risk/reward ratio is clearly better for the commons. IMHO.

Too bad the PQs aren't at $1.85 and the KQs at $.08 like they were back in the day! LOL Knowing what I know now I would have borrowed "100 large" from Tony Soprano back then... but then again maybe I like my knee caps more than the money. LOL

Good luck!

Gyver