SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (78367)10/27/2025 11:09:12 AM
From: Elroy  Read Replies (1) of 78412
 
My thinking is the Private Equity group knew this and slowly accumulated a lot of these preferreds.

If they were going to refinance the preferreds at $25 next year, why not buy them all today at $18?

I wonder if they would need to disclose buying up the preferreds?

Anyways, it (SOHOB) seems like a good idea still. I'll keep an eye on it and perhaps buy some if it dips when the euphoria of today wears off. Even if they don't get redeemed, over 11% stable payments ($2.00 on $17.50 price tag) seems fine to me for a long time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News