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Author: tropical282 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 50  
Subject: cmo.pr.b Date: 4/14/2009 9:50 PM
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New to preferred investing any comments on this one ?
Thanks
J
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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 26 of 50
Subject: Re: cmo.pr.b Date: 4/15/2009 1:37 PM
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Preferred stocks are usually discussed on the Bond & Fixed Income board. My list of preferred yield stocks is here--

http://boards.fool.com/Message.asp?mid=27582035

QuantumOnLine.com is usually the best source of information on individual issues.

http://www.quantumonline.com/search.cfm

cmo-b is apparently a convertible preferred for Capstone Mortgage Co. It is not rated by bond rating agencies. I don't follow that industry, but clearly that industry is in turmoil. There must be some good opportunities out there, but many may fall by the wayside.

These days you can get nice yields from others of good quality on my list. So I am reluctant to take that much risk for uncertain rewards.

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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 30 of 50
Subject: Re: cmo.pr.b Date: 6/11/2011 3:54 PM
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My list of preferred stocks is here--

https://spreadsheets.google.com/ccc?key=0ArC7PlrDoTbpdFFqbTh...

Most of the investment quality ones are now priced at a premium over their call price. That makes them risky investments. Many of the better ones have been called--now that low interest rates makes alternative financing easily available to many issuers.

So I would suggest that one needs to be very selective. Dividend paying stocks are probably safer.

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