Post by
RagingBull3 on Nov 08, 2020 1:50pm
Tin Foil Hat short term (1 yr) Forecast for Preferreds
Preferreds will be rolled over into new company in one form or another. They will trade and yields will probably drop to around 7%. Small possibility Preferreds will take legal action.
@ 7% Yield that would imply a share price of around:
$ 7.61 for the A
$16.75 for the C
$16.40 for the E
$14.05 for the G
But there probably will be a slight discount on the C and a premium on the G just because of the reset.
There's a very small chance that the C will spike up (as shorts cover) and then drop back down and settle @ around 7%.
Meanwhile all this time Preferreds collecting crazy $$$$$$ CASH in the BANK Dividends.
All just my opinion.
Comment by
Leopold on Nov 08, 2020 11:20pm
This post has been removed in accordance with Community Policy
Comment by
rad10 on Nov 09, 2020 5:21pm
It's certainly a more considered opinion.
Comment by
RagingBull3 on Nov 11, 2020 8:11am
Null and Void forecast below..... Oil is taking off ..... Fasten Your Seat Belts, this is just the Beginning of our journey UP!!! Going UP UP UP UP UP!!!!!!! All just my opinion.