RE: RE: RE: RE: RE: RE: RE: RE: Steady climb withIf as you say, it is possible or likely that Yello will convert the preferred A's and B's to common and that would essentially wipe out the holders value, then why the heck is Yello buying back the Preferreds at these prices? I would say that Yello thinks the common share prices will rise substantially in the near term therefor making the buy backs right now, the best option. If your objective is to reduce debt utilizing your finite cash reserves, you would do it where it is most advantageous. Could be wrong but I don't think so.