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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Graham Osborn who wrote (56854)2/7/2016 2:17:43 AM
From: Paul Senior  Respond to of 76951
 
re Ashford. Dicey, yes, if you believe we'll get market lows that we saw in '09. Believing that, a buy now is either very premature or very unwarranted. Otoh, the preferred came through '09 bottom okay.

nyse.com

I prefer to view the situation that the preferred will trade again where it's traded for most of the previous few years, and I get a good dividend also.