Preferred Stock Tips and Topics

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I am not a flipper but here is a no brainer Keep watching I star's Preferreds SFI I think their is about 4 of them. They are at about $3.00 pay almost $0.50 a quarter each preferred stock. If they say they a paying one could get in quick and get a rise in stock and get out with the dividends. Note if one wanted to do this one could sell right before the closing bell the day before the pay day because my Smith barney adviser (talking on a different item) said that the day they pay a dividend it opends up less the dividend. So why not sell be fore and miss the exit rush if their is one. S+P has them rated BB+ I think ot is 2 steps below investment grade