Q: Is stock preferred stock that includes an option for the holder to convert the preferred shares into a fixed number of common shares? ¶
A: Yes, and usually any time after a predetermined date.
Q: Is stock delisted from an exchange? ¶
A: Yes.
Q: Is stock purchased directly from the company? ¶
A: Yes, and usually without the aid of brokers.
Q: Is stock held or voted by insiders? ¶
A: Yes.
Q: Is stock procedurally similar to buying stock? ¶
A: Yes.
Q: Is stock sensitive to demand? ¶
A: Yes.