Learn how to find the true value of preferred shares.
Practice by picking out the top 2 Citigroup preferred shares as they are the next ones you should try to take advantage of as they will continue to go down. However, people like you apparently would rather buy 500 shares at $2 , sell at $7 when it runs just to make $2,500 as opposed to
doing good research and having the nerve to make smart purchases and the nerve to watch your market value disappear before your eyes, doing so with a big smile on yourself because you know you won. If the deciding factor of you purchasing more WAMPQ is a set price of $2, then you don't deserve to enjoy the benefits of the stock whose value you failed to appreciate.
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