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Strategies & Market Trends : 50% Gains Investing
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To: Jurgis Bekepuris who wrote (103104)8/8/2011 3:09:58 PM
From: Dale BakerRead Replies (1) of 118717
 
If prefs go to $10 on $25, it's gonna be even merrier.

We clearly aren't on the same page with pfd strategies, so good luck with yours. I expect to have some cash in my income accounts until the hubbub dies down and probably buy back around where I sold. I'll sacrifice a bit of interest for safety against another 60% haircut. Glad you can do otherwise, it's fun to grab them at panic prices.

Of course, if they do tank like that, I will have plenty of cash to take advantage then.

;<)
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