Fannie Mae Preferred S (FNMAS)

[trunkmonk]

Observing both Commons and Preferred movement, the thing i like about preferred is when they move, they dont bounce around and often lose all gains by end of day. that predictability does make them more attractive then commons. In order for commons to break 1 and move to 2, they will have to have that same predictability(strong believers or hands , as some call it, its a cheezy description and is more like value investors, or even strong speculators)