RE:RE:RE:RE:BBD.B vs BBD.PR.Dmnztr wrote: Depends when you bought though. I sold my comms at 130 and bought pref B's at 4.30, so I would be up about 43% vs 112% since then. Of course I could have made more trading but that is a different approach. Yes the prefs are not a good trading vehicle at all.
You're right the pref's are not for trading. I hold them for tax advantaged income. I'm surprised they aren't trading higher than they are . With last week's bond financing I would've thought that concerns for BBD's ability to pay the dividend on the preferreds would have eased. I added more pref B a couple of days after they announced the bond issue.