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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jan 2007
Posts: 2,536
Default Where does the Goldman Sachs money go??

On Mon, 26 Apr 2010 13:40:43 -0700, "Bill McKee"
wrote:

I was just looking for the shares with the most volatility
The preferred stock fit that bill.


Preferred's all over the board are being hit. As the interest rates may be
suspect.


Preferreds and long bonds will both take a big hit when (not if)
interest rates start to rise. Convertible preferreds offer more
protection on the downside if the underlying common is solid.