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preferred shares are they publicly traded?      3-Nov-09 03:04 pm    
Preferred stock is close to 18.2 million shares with a liquidation value of at least $25...are these publicly traded or privately held?

People keep quoting $1 billion in equity, but half belongs to the preferred stock holders who rank ahead of the common....

Appreciate comments...
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slyhawkeye


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preferred shares are they publicly traded?
slyhawkeye (2 Ratings) 3-Nov-09 03:04 pm  
 
$535 million at par is the preferred equity. The r...
wallacemcco... (1 Rating) 3-Nov-09 03:30 pm  
 
thanks for the info....not many shares traded...
slyhawkeye (1 Rating) 3-Nov-09 03:36 pm  
 
Spreads are high. Shares traded low. Dif...
wallacemcco... 3-Nov-09 03:47 pm  
 
Agree with Wallace. Preferred are l...
im712 3-Nov-09 05:18 pm  
 
What crooks! Glad I sold all m...
im712 (2 Ratings) 4-Nov-09 08:07 pm  
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