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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Joe Copia who wrote (24375)3/26/2002 1:08:11 PM
From: Joe Copia  Read Replies (2) of 25711
 
THREAD ALERT:
again

Take a look @ ACOCP. It only has 720k outstanding, a $0.20 stated value and a 9% cumulative dividend. I am trying to find some negatives on it but cannot.

3 times less than the common now. ACOC @ .07 x .20

ACOCP @ .04 x .06 :)

Preferred are preferred for a reason! Preferred under the price of common if very rare, imo.

Any reply is welcome.
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