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The Liberty Broadband 7% preferred (LBRDP) is being sold again today on triple normal volume–off $1.03 at $23.72. Of course I nibbled some more–about a 7.4% current yield. Update–as I suspected might happen buyers came in and snapped up the shares s…

Well we got the PCE (personal consumption expenditures) this morning and the numbers were a tiny bit hot. The price index was 6.2% versus 6.4% a year ago (year on year). The core rate ran at 4.9% versus 4.6% a year ago. Bottom line is no real relief in…

Below are some press releases from company’s which have preferred stock or baby bonds outstanding. Scorpio Tankers Announces Repurchases of Its Common Shares Bank OZK Announces Date for Third Quarter 2022 Earnings Release and Conference Call Sarat…

Well it isn’t a panic, but folks sure want out of equities–whether common or preferred shares. My accounts have taken a licking – at the low for the year. As I suspected I would I did get in a nibble on the Liberty Broadband 7% preferred (LBRDP) (mand…

Yesterday’s euphoric rise in stocks and bonds is quickly fading away this monring. I really don’t think that any of us thought ‘the bottom is in’ given that the economic data simply doesn’t show the weakening economy that is being blabbered about const…

Below are press releases from company’s with preferred stock and baby bonds outstanding. Newtek Business Services Corp.’s CEO to Address Investment Community on Thursday, September 29, 2022 at 8:30 am ET Newtek Business Services Corp. Forecasts Fourth…

A reminder to take your political comments somewhere other than this website. Once again I removed a comment. While I am on site most everyday, all day I have to sift through dozens, if not hundreds, of comments to find political comments. The offender…

We’re seeing a substantial rally in treasury bonds and equity markets today–I think based either on the Bank of England moves to QE or maybe just a lot of FOMO with folks with lots of money in their accounts. No one want to miss a bottom (not that thi…

The Uhaul Investors Club has been raising their rates for the last number of months–but they are always behind. Some of us in the club have been dragging our feet on reinvestment of cash in our accounts–at least I know I have been waiting for a bette…

Early this morning (around 5 a.m. central) Bank of England announced a ‘temporary’ return to quantitative easing and suspension of asset sales. BOE said the markets had become dysfunctional and their intent was to stabilize markets. Both equities and i…

Below are some press releases from company’s with preferred stock or baby bonds outstanding. SL Green Realty Corp. to Release Third Quarter 2022 Financial Results After Market Close on October 19, 2022 LifeMD Declares Quarterly Dividend on Series A Cum…

Just a quick note that the RiverNorth Specialty Finance 5.875% term preferred (RMPL-P) has fallen below $25–now at $24.78. This CEF issue is due to be redeemed 10/31/2024. I have an order in for a 100 share addition to my portfolio holding .