Quote:
Originally Posted by shawnly1000
True, but the shares of BoA he bought weren't just any ordinary trader Joe shares lol
|
On this topic... what is the difference between:
Bank of America Corp. PRFD 'D': NYSE:BAC-D quotes & news - Google Finance
Bank of America Corp. PRFD 'E': NYSE:BAC-E quotes & news - Google Finance
Bank of America Corp. PRFD 'J': NYSE:BAC-J quotes & news - Google Finance
These are 3 types of preferred shares, each at different values.. is there any way I can look into them and see their return? How do preferred shares work?
All I THINK I know is that if/when a company defaults, bond holders and preferred share holders get their money back before the general stock holder population right?