Seeking Alpha
  • Cabeza Howe
    Added $FRC a day too early. They are offering Series C preferred shares. Now will wait for dust to settle before doing anything further.
    Reply (3)
    • Cabeza Howe: Depositary shares for (1/40th) Series C preferred will be traded on NYSE under symbol FRC-PrC. Might consider buying that given the yield.
    • 1980XLS-2.0: Only 1 day? How do you know?
    • Cabeza Howe: I added FRC a day or two before the preferred offering news. Had I known about this would have waited. Now got to be patient.