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

RE:RE:13.45,,,, this will easily go to 25.00

[RagingBull3]

The "G" reset at ROCK BOTTOM rates.    So while the yield may be "less" than the "C", if you play the long game, the "G" Yield would be more I'm guessing at that price they were trading at.   Hence, Deep Pockets paid more for the "G".   

If you look around, just not Husky's Preferreds but other stocks, you will see the same thing.  A "premium" Share price on a perferred which seems to be offering a lower yield relative to another perferred in of the same company.

Again, just my opinion/view, could be wrong in my thinking.

wheeloffortune wrote: $13.45 for Preferred G series!?  That's around 7.5% yield locked in for 5 years, the worst yield out of the bunch.  C series is paying over 10% for 4.5 years.  I thought I saw it all with Tesla going to $1,500 from $211 a year ago.  The market has gone completely nuts like some hacked online video game.  They're better off getting the floating B series at 7.5% in case BOC rates go up in a couple of years.

Oasisjunior wrote: The economy is changing, investors are looking and investing into secure companies and their stock. Husky has alot of potential and can easily reach the $25.00 on the preferreds. if it came up 2.45 in two days it could hit by the middle of next week,,, Placing my order for a small carribean island.