As we had mentioned we would try to add the baby bonds of the Ocean Shippers to the ocean shippers preferred stock list.
There are only 7 baby bonds on the list and 6 of 7 quotes are working fine on the list–we are having trouble with 1 quote which seems to be working ‘part time’. We will try to get this ‘repaired’ so we have a complete list.
As more than one reader mentioned they have a higher comfort level with owning some of the shipper baby bonds with a ‘date certain’ return of their capital instead of owning any of the perpetuals. Seems to be a reasonably wise choice.
The listing is here and a link is on the ‘preferred stock’ page.