I read on the message board that one Poster thought DDT was Preferred Stock and he gave several reasons other Preferred Stocks were better than DDTLet me give you some facts1 DDT is not Preffered Stock, it is a Debt Security trading like a Stock2 DDT is Cummlative and in the event DDS does not pay the DDT payout, then the Payout accrues interest at 7 50 %3 DDS must give a 30 day notice of not paying the DDT payout4 If DDS skips the DDT payout, then it can not pay Common Dividends or do any Stock buybacks5 If DDS suspends the DDT payout, it can only do it for 20 quarters, but no longer than the 8\2013 Maturity Date of the DDTThere are numerous other covenants, let me know if you have any further questions
DDS book = $ 25-30 per share.DDT = $ 25 per share eventually.
Try DDT @ $25 in 58 months or less All bets off if DDS goes BK, then you might have interst in a 200,000 sq ft store
Can someone here tell me what's an accrued interest @7.5%over five years of 0 is?
Burd can.He's gonna experience it first hand.lmao.
the facts are you chased DDT down from 25 and DDS from 35. Oh My!
yes, that is the facts.I figure he's about broke.that translates into rabid.We are seeing that stage now.It's pathetic.