TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Nov 08, 2020 8:42am
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Post# 31859143
For Once The Small Fish Has The Advantage !!!
For Once The Small Fish Has The Advantage !!!Much Easier for the small fish to accumulate at these crazy low share prices on the Preferreds than a Big Fish.
Really, When Preferreds were yielding 16% you didn't see Buffet come in and snatch them up. Across the entire market Preferreds were offering crazy high yields back in March/April. I'm sure 16% would interest Buffet.... Yet, didn't here anything about him jumping into Preferreds.
He's too BIG.
Even at current yields of ~9% I think it would interest him.... problem is, he wouldn't be able to get that many shares (relative to the size of his bank account).
So, basically Virtually ALL THE BIG BOYS are out... Only us small fish here making $$$$$$$$
Another round of Juicy CASH Dividend into the BANK just around the corner.
All just my opinion.