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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (31271)5/11/2019 7:19:55 AM
From: Spekulatius1 Recommendation

Recommended By
Graustus

  Respond to of 34328
 
It’s not just the 8% on the preferred, he gets warrants too for OXY stock. So he has almost all the upside of the common shareholders, while sharing no downside (unless OXY goes bankrupt and even then, he is in a better position than common shareholders). It’s an almost guaranteed win win for him.