Husky Energy Inc. cumulative redeemable preferred T.HSE.PR.B

RE:RE:RE:RE:Share price stopped dropping when HSE stopped paying

[pablo87]

Hey, Ragingbull. I'm not sure there's an easy answer to why prefs in general have fallen a cliff. I can only relate my experience - I had some prefs another stock and when I saw a pipeline stock so cheap, I decided to sell them at a loss and put it in that pipeline which turned out to be a good decision. It was at a price where it was paying the same income + it was at less than half its 52 wk high. Eventually those opportunities will go away and the prefs will look good once again (like today) yield wise. Good luck.