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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Zeev Hed who wrote (3)7/31/1998 2:13:00 PM
From: ronayre   of 1438
 
Great post Zeev, thanks for clearing up some of the cloudy aspects of this practice. I've been burnt before by these floorless bandits (stupid mistake of not paying attention to my issues in my early days of trading) and didn't really understand how this all works to the disadvantage of the investor.

RR
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