RE: RE: RE: YLO - Unjustified pessimism Why would you play with Preferred A and B when they are subject to forced conversion, and you could have C and D at the same effective price, with a possible upside on C and D being that you get back full par value?!!!
Honestly, it is an incomprehensible mistake to invest in A or B here for a small arbitrage. The clear risk reward trade is the C and D!