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  • dreedva dreedva Mar 23, 2005 3:11 PM Flag

    Question on Preferreds

    Having sold IMH "too soon" a while back, I now feel better. But, I always feel the pain of longs on income stocks because that is where my money is also. And, like many, I'm not doing too well today. The Fed's actions always have an impact on my holdings--positive or negative.

    BUT, does anyone have any idea why the pref B & C stocks have also overreacted? I currently own the C (at higher levels, of course).


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