Opinions
Richard Croft
US Financial 15 Split Corp
FTU-T
COMMENT
Apr 23, 2010
Not well acquainted with this but thinks they have taken 15 companies and made a common share and preferred share. Essentially you are buying a long-term Call option on 15 US banks. The preferred share side you collect a yield. US financials have had quite a run.
$1.950
Stock price when the opinion was issued
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