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    mikez's Avatar
    mikez Posts: 1, Reputation: 1
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    #1

    Jun 10, 2008, 08:11 PM
    Preferred shares?
    If you own 1000 preferred shares what percentage of the company do you own?

    Answer: Zero but why?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jun 10, 2008, 10:43 PM
    Since preferred stock is still stock, and since stock is ownership, I have to assume either the answer is wrong, or it's a trick question. I don't get it.
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