Bullish
@market_stamina @pr93 do you think chevron would of financed deal with a 8% preferreds to buffet? That is what everyone thinks is insane! And that rate is insane! Those are loan shark rates! They have plenty of great collateral, by way of assets, which could of secured a much better rate had she showed patience! But then again, had she secured those much lower rates, we wouldn’t be buying this under 40! She has made some great prior moves- this wasn’t one! Though they’ll get through it! Have a good weekend! Better days coming!
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