You know I can be wrong but I always thought that one of the not so good points of owning preferred stock was that they didn't have voting rights like the commons. I'll have to look that up. I have never owned preferred shares. I know they get taken care of first over the commons if the company liquidates.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.