RE:RE:RE:Min $65USPuma: my guess is the prefered shares can serve a couple of reasons. The first is the one you stated, the second is, and this is my fear, in case they figured a deal wasn't going to go through because of the low ball price by Blackrock and cinven and are protecting Cxr form a hostile low takeover that the frustrated share holders would accept due to low sentiment and the fact that many investors are so under water that just getting their money back is a win at this point. Cxr is for sale but for the right price only, that's 70-70usd. 65usd is the absolute minimum. I cashed all my other stocks and holdings today and started to accumulate more of Cxr if the shorts and the fearful longs allow it to stay in the 40 Canadian dollars range. This is a gift, and many are saying it's not possible because it's too easy which is exactly how the markets operate.