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Msg  4702 of 4779  at  9/25/2021 8:51:33 AM  by

crashcardigan


 In response to msg 4701 by  rtlloyd
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Re: Preferred divvys

 LOL. I could have written your post except, as I noted, I owned GKK Common which collapsed during the crash in the 2000's.  I did buy GKK preferreds @ $3.00 at the bottom and, as the market began to recover I sold them all at about $13, including the suspended 4 quarters, recouping my entire GKK common loss, around $40K. Sounds like we played NCT similarly but I loaded up on NCT commons near the bottom, under $0.41 cents which accounts for my significant current NRZ holdings.  I sold all the other spin offs including NCT quickly and only held NRZ. Keep the faith.  Your DS preferreds might recover if the company ever gets back to profitability. GLTU.


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