Oops, I forgot to review all the insults you have done to me:
you called me "girlie" "you´re the spoiled terrier" "Mommy gave you a silver spoon" "offensive POS" "You sir, are truly an @#$%" "I will be looking for your posts as a Fudd indicator" "You really don´t know anything about value" "can already see you are so FOS"
And don't forget...You admitted to punching an adult dog and laughed because your dog hurt that dog - and you said I represented the "spoiled terrier" that you punched and your dog chewed up. Good thing I didn't take that the wrong way!
The preferred conversions that I have been studying for the past few months were BAC, C, CIT, CRBC, and one other small offshore bank that I can't remember the symbol for. The "C" conversion offer was $3.25 at 100% of par and the common was priced at $1.95 on the day of the announcement. I remember being surprised that it was at a premium.