RE:RE:BANK OF HUSKYWith rates sitting at "effective lower bound"... the only real risk left to the Preferreds is Bankruptcy. Given so little Preferred vs Commons (equity), even at Bankruptcy Preferreds would probably still get something, if not all of the $25.
With Crazy Yield (CASH IN THE BANK), share price fluctuation risk is Low as there's no need to sell when you are getting crazy CASH in the bank dividends. So, risk, low.
Share price is way up from where I bought, but no plans to sell. No reason for me to sell...
What are the risks?????
rad10 wrote:
The preferreds were never risk free issues oasis. Could have ended very differently. Enjoy your rewards - richly deserved!