You lost me with your last statement.

Your response explained why ET-C is likely
to be trading at least
at par if not higher
given accrued dividends. So there is reason to
hold on to
a winning position like this.

But then you conclude by pointing out how "too many" investors
gold on to winning positions only for them to
become losing positions.

Sounds like you see ET-C as a buy and forget about it holding.
If C is most probably to ve called, wouldn't the
D be called too and be worth buying? It has been going up
every day now for the last week.