ceasterwood
🚀 $WVVIP | BULLISH WATCH — UPCOMING CATALYST!
🔥 PREFERRED STOCK OFFERING:
✅ Current offering: $3.45 through Sept. 30.
✅ Price increases to $3.95 on Oct. 1 — a 14.5% increase in the offering price!
✅ $0.22 annual dividend per share, subject to declaration.
✅ Company has an optional $4.28 redemption provision.
💎 WHY I'M WATCHING:
The upcoming offering price change creates an interesting valuation reference. Thin trading could amplify renewed buying interest, although the offering price is NOT a guaranteed trading floor.
Potential catalysts include the October price change, offering updates and future dividend announcements.
⚠️ Low liquidity, wide spreads and company financial risks remain important.
Watching volume and buying pressure closely! 👀📈
$WVVIP — IMHO, Do Your Own Due Diligence.