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Strategies & Market Trends : Preferred Stock Investing
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From: inspbudget5/17/2012 9:34:05 PM
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MFO at attractive price level

The vicious downdraft has hit preferred stocks of almost every stripe, regardless of what sector or industry they are in.

MFO has been taken down to an attractive price, unfortunately I have a full position already and cannot take advantage of it at $24.85. My cost basis is about 10 cents above this.

Check out Lord Xot's posts on this particular security on other boards, he likes this one. 8% with solid financials behind it, and call protection for the next 5 years.
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