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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (35456)9/25/2009 6:41:44 PM
From: MCsweet  Read Replies (1) of 78768
 
Grommit,

Which of those preferreds would you say are in the strongest financial position?

I'm content with 11% returns, but I don't want to risk losing my entire principle, especially because I think there is a decent chance things will turn south again (not as bad as it got, but there will be some more bankruptcies). I'd rather skimp a little on yield right now and cut down the risk.

I certainly like the equity raises are helping companies pay down debt. However, like you said, DDR selling notes doesn't comfort me as much. It is nice thay they raise money, but the notes get paid before I would as a preferred holder.

Thanks,
MC
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