RE:RE:RE:RE:RE:RE:RE:RE:Preferred sharesYes it just started trading, after getting stung on Bell rate resets that lost almost 1/2 their value I have become cautious.
The only danger with these is if they convert to a variable rate, witch they can do after 5 years.
I only got a part fill and I spoke to DI about it and they said they are only aloted a small number of shares.
2Clubs wrote:
I think you mean CPX.PR.G . There are about 10 of these new type of Rate Resets (with a floor) on the markets.
My small order for 500 shares was not filled on Oct 4 which is day of issuance but I bought some today on the open market for 24.95