RE: Preferred shares at $25/share??????Any guesses as to when those $25 preferred shares will be under water? The bums running BMO don’t have any clue what hit them and have no plan for sustainable earnings. THERE IS NO GAME PLAN HERE! NONE! NADA! ZERO! ZILCH! Management should be shown the door immediately. How low does the SP have to go before some of the pumper dummies get it?
You can’t even give the banks “liquidity” as they’ll blow that too! Did anyone read the article about BAC being sued for over $80 billion over the Nationwide acquisition debacle!
Short the banks mercilessly to make profits.
GLTA