Perferred A I believe has a CALL DATE OF June 7, 2017, not 2019
It appears that was reflected in the price of the perferred this morning. SOB keeps going down and down and down every day waiting for the word from the armour bosses.
The Reit will go bust long before 2019. Haven't you seen what the preferreds have done over the last 6 months. New F'N lows almost every day. The smart people stay away from anything Armour.
Schwab shows after hours at 21.22. Big spike right at the close. I was watching it just as it spiked up but it also went right back down like it was a bad print. No news to account for this.
too much volatility with 85 billion flowing in every month.