EPM Pfd Stock

[dan_s]

If you own EPM pfd stock it is time to sell and move the money to the common stock.

Very soon after the Delhi Field reaches Payout (my guess is mid-Q3) the company will call the pfd stock. They will call it at $25, so the current premium will be lost.

I am dropping it from our High Yield Income Portfolio. We are looking at SDRL right now as a possible replacement. My top intern really likes it but I need to review her report.