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iStar Financial Inc. Message Board

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  • foreverwhiteroses foreverwhiteroses Feb 5, 2009 5:53 PM Flag

    Glass half empty/half full

    I know. That's the situation I missed, except I saw it after having swapped into E and when, for a couple of minutes and before I could get the trade set up, G was at 2.10 and E could have been sold at 2.60 or 2.65....

    I agree with Vince.... will continue with a small position and wait for developments... and look for these opportunities to swap into the cheapest of the preferreds when there's an out of line difference based on current yields... It's like day trading short and making 10% on the day if you believe in eventual turnaround.... OK, Marshfellow, let me have it!