Use access key #2 to skip to page content.

loj04 (80.79)

Get a Piece of the TARP? PGF?



January 06, 2009 – Comments (0) | RELATED TICKERS: PGF

I'm a pretty new investor, but I found something I REALLY like, and I would like to shoot it past the CAPS community. Financial Preferred Shares (PGF). Yielding >12% at these prices, it seems like a steal right now since it seems that the world governments won't allow any more large banking institutions to fail. Expecting this, take a look at the list here:

I expect equities to trade sideways for a long time. Hence, I'm not looking for apreciation of these preferred shares, but rather strictly the yield. Even if banks are forced to suspend dividends, preferred shares build a backlong of dividends they must pay. 

What do you think?

0 Comments – Post Your Own

Blog Archive

January (1)
November (1) June (1)

Featured Broker Partners