I would say the commons might run well this week based on past trends I've noticed the last month. Seems that the preferred and Commons never run together either way. But seem to follow each others movement once one gets done a run. Can look at the Monday two weeks ago that was crazy. Commons went, from .72 I think to as low as .58 and finished around .65. That same day the preferred was up for the first hour into trading.whether it was shorts covering to move money into blue chip stocks at low discounts, idk... But the following days after that, the Commons ran well for two days where preferred stayed still. Then last week , NBG.R in Athens had 5 good days. Common stayed still, but look at preferred. TUESDAY +15%, WED & THURS + 2%, Friday +20%. Thursday preferred had 5 blocks of 40k shares get bought. Which is never retail cause with pref its a low float, you would be lucky to get a 10k block. Thursday also was all action from Nasdaq or GTC mm. Friday first hour and a half in Commons there was only 8200 total in volume. Ended up selling my whole postion in preferred, to invest in VVUS. What a stupid decesion that was. Lol. Knowing that most shorts cover late Friday, knowing that news over weekend was possible so shorts where gonna cover. The action on preferred, was all buys after 1130am. But no more then 1k at a time. Then last hour and a half had two 5k shorts trying to cover knocking each over in the bid. Makes no sense doing that, they should know that it takes up to a hour at times for a trade to hit the ask or bid side. Wanted to throw up at 4pm. Sold all 53hun shares I had. 3.73 entry and 4.25 exit on Friday at plus 5% thinking they couldn't outgain common again. Well wrong. So now my dumb ass, where do I make a entry back into preferred?? Was thinking, 4.5? Had 5300 shares lol. Cost myself 34hun. But if u pull a 3 month chart and compare commom to preffered. You will see that whatever one moves, the other follows it's movement only when the other has stopped the move. P
